Business Essentials II Test
Authored by Shawnette DeRosa
Business
9th Grade
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24 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a business owned by two or more persons who share the risks and rewards?
partnership
cooperative manufacturer
sole proprietorship
retail producer
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a license to run a corporation?
shares of stock
partnership agreement
corporate charter
corporation license
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A corporation is controlled by this.
corporate license
stocks
Small Business Administration
board of directors
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The American Red Cross is an example of which type of business?
sole proprietorship
partnership
franchise
nonprofit organization
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Ocean Spray, an organization owned and operated by cranberry growers is an example of this type of organization.
cooperative
limited partnership
corporation
nonprofit organization
6.
OPEN ENDED QUESTION
3 mins • 1 pt
business owned by one person
Evaluate responses using AI:
OFF
7.
OPEN ENDED QUESTION
3 mins • 1 pt
major advantage of a corporation
Evaluate responses using AI:
OFF
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