Business Essentials II Test

Business Essentials II Test

9th Grade

24 Qs

quiz-placeholder

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Business Essentials II Test

Business Essentials II Test

Assessment

Quiz

Business

9th Grade

Practice Problem

Hard

Created by

Shawnette DeRosa

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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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