ACCT1210 - CH.12
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31 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An association of two or more persons who co-own a business for profit
Sole proprietorship
Partnership
Corporation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
No permission from government authorities
Sole proprietorship
Partnership
Corporation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
No legal procedures
Sole proprietorship
Partnership
Corporation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Combine assets, talent,experience
Sole proprietorship
Partnership
Corporation
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Characteristics of a partnership:
__ are not erequired, but are suggested
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Characteristics of a partnership:
_ - any partner can bind business to a contract within scope of the business
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Characteristics of a partnership:
_ - any partner can bind business to a contract within scope of the business
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