Unit 2 and Unit 3 - Bus Org and Entrepreneurship review
Authored by Dawn Rogers
Other
9th - 12th Grade
Used 11+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Entrepreneurs take on both the risks and rewards of starting a new business.
true
false
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sole proprietorships require complex legal agreements to start.
true
false
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a partnership, profits and losses are shared equally by default unless otherwise stated in an agreement.
true
false
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Corporations provide limited liability protection to their owners.
true
false
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Franchises are always guaranteed to be successful because they follow an existing business model.
true
false
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Entrepreneurs must rely solely on their personal funds to start a business.
true
false
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Ethical behavior and integrity are essential qualities for a successful entrepreneur.
true
false
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