Business Structure Alice

Business Structure Alice

12th Grade

25 Qs

quiz-placeholder

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Business Structure Alice

Business Structure Alice

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Hard

Created by

John Robinson

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Advantage of this business is that owner keeps all the profit and is his own boss

Partnership

Sole proprietorship

Corporation

Franchise

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This type of business is considered a separate legal entity in the eyes of the law.  It is owned by shareholders.

Corporation

Partnership

Sole Proprietorship

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Publicly traded company
-Governed by Board of Directors
-CEO, COO, CFO
-Stocks sold to raise capital

Corporation

Limited Liability Company

Partnership

Cooperative

4.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

A business organization that is owned and managed by one individual is called a(n)

sole proprietorship

franshise

corporation

partnership

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

A company partially owned by the public who buy shares of stock in the business.

corporations

enterprises

monopolies

cottage industries

6.

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

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which business structure allows the owner to have complete control and receive all profits?

Partnership

Sole Proprietorship

Corporation

Franchise

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