ACCT1210 - CH.12

ACCT1210 - CH.12

University

31 Qs

quiz-placeholder

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ACCT1210 - CH.12

ACCT1210 - CH.12

Assessment

Quiz

Other

University

Easy

Created by

Zi B

Used 2+ times

FREE Resource

31 questions

Show all answers

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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