Search Header Logo

Social Studies

12th Grade

Business Organizations
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This type of business is owned by one person.

Partnership

Sole Proprietorship

Corporation

Franchise

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Advantages of this business type are that the owner is their own boss and gets to keep all the profits.

Partnership

Sole Proprietorship

Corporation

Franchise

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Disadvantages for this type of business include: owner pays for everything, hard to get money to start from the bank, owner might lack skills & unlimited liability.

Sole Proprietorship

Partnership

Corporation

Franchise

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A business owner who prefers to maintain complete control of all business activities might consider structuring the venture as a(n)

sole proprietorship

general partnership.

franchise

 corporation.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What term is defined as an enterprise that produces goods or services, usually to make a profit?

stock

business organization

unlimited liability

vertical merger

6.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

What type of business organization has two or more owners who share risks and profits?

incorporated

proprietorship

partnership

negotiation

7.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

What type of business organization is authorized by law to act as a legal entity regardless of the number of owners?

partnership

government

proprietorship

corporation

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?