IMR652 Quiz 2 Week 2-Business Structure
Quiz
•
Business
•
University
•
Practice Problem
•
Medium
Dr Salleh
Used 9+ times
FREE Resource
Enhance your content in a minute
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a sole proprietorship?
A legal entity separate from its owners
A business owned by a single individual
A cooperative owned by its members
A business owned by multiple individuals
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an advantage of a partnership?
Difficult to find a suitable partner
Shared start-up costs
Unlimited liability
High regulatory burden
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key disadvantage of a corporation?
Limited liability
Easier to raise capital
Extensive corporate records required
Continuous existence
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a co-operative, how is control exercised?
By a single owner
Democratically, one member one vote
By a board of directors
By shareholders only
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key characteristic of a limited partnership?
All partners must be involved in operations
It is a non-profit organization
Some partners have limited liability
All partners are equally liable
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of business structure allows for the easiest capital raising?
Corporation
Co-operative
Partnership
Sole proprietorship
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a disadvantage of a sole proprietorship?
Limited liability
Difficult to raise capital
Democratic control
Shared profits
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
Similar Resources on Wayground
10 questions
Quality
Quiz
•
12th Grade - University
10 questions
RETENCION 2
Quiz
•
University
15 questions
E-COMMERCE
Quiz
•
University
10 questions
Lecture 1&2 ACC1014
Quiz
•
University
10 questions
QUIZ 1
Quiz
•
University
10 questions
E-COMMERCE: MODERN PROBLEMS NEEDS MODERN SOLUTIONS
Quiz
•
University
10 questions
Stocktaking
Quiz
•
University
15 questions
UAS KEWIRAUSAHAAN
Quiz
•
University
Popular Resources on Wayground
10 questions
Honoring the Significance of Veterans Day
Interactive video
•
6th - 10th Grade
9 questions
FOREST Community of Caring
Lesson
•
1st - 5th Grade
10 questions
Exploring Veterans Day: Facts and Celebrations for Kids
Interactive video
•
6th - 10th Grade
19 questions
Veterans Day
Quiz
•
5th Grade
14 questions
General Technology Use Quiz
Quiz
•
8th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
15 questions
Circuits, Light Energy, and Forces
Quiz
•
5th Grade
19 questions
Thanksgiving Trivia
Quiz
•
6th Grade
Discover more resources for Business
20 questions
Definite and Indefinite Articles in Spanish (Avancemos)
Quiz
•
8th Grade - University
7 questions
Force and Motion
Interactive video
•
4th Grade - University
9 questions
Principles of the United States Constitution
Interactive video
•
University
18 questions
Realidades 2 2A reflexivos
Quiz
•
7th Grade - University
10 questions
Dichotomous Key
Quiz
•
KG - University
25 questions
Integer Operations
Quiz
•
KG - University
7 questions
What Is Narrative Writing?
Interactive video
•
4th Grade - University
20 questions
SER vs ESTAR
Quiz
•
7th Grade - University
