Business Structures and Mergers Quiz SA
Social Studies
12th Grade
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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Sole Proprietorship?
A business owned by one person
A business owned by multiple people
A corporation that limits liability
A type of partnership
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a General Partnership?
A business owned by one person
A business owned by two or more people
A corporation that limits liability
A type of sole proprietorship
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Limited Liability Company (LLC)?
A business structure that combines features of a corporation and a partnership
A type of sole proprietorship
A business owned by multiple people without liability protection
A non-profit organization
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a C Corporation?
A type of business that offers limited liability to its owners
A business owned by one person
A type of partnership
A non-profit organization
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Horizontal Merger?
A merger between companies in the same industry
A merger between companies in different industries
A merger that creates a monopoly
A merger between a corporation and a partnership
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Vertical Merger?
A merger between companies at different stages of production
A merger between companies in the same industry
A merger that creates a monopoly
A merger between a corporation and a partnership
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Conglomerate Merger?
A merger between companies in unrelated businesses
A merger between companies in the same industry
A merger that creates a monopoly
A merger between a corporation and a partnership
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