Draft - Standard of Ag Business CBA 5

Which of the following develops products for distribution from raw goods?

• Producers

• Processors

• Manufacturers

• Intermediaries

Which of the following changes raw or processed goods into finished goods?

• Producers

• Processors

• Manufacturers

• Intermediaries

For which of the following does the parent company share experiences and proven techniques?

• Sole proprietorship

• Partnership

• Corporation

• Franchise

Which of the following is a firm or business owned and operated by its members?

• Cooperative (co-op)

• Partnership

• Corporation

• Franchise

Which of the following is subject to more governmental regulations?

• Cooperative (co-op)

• Partnership

• Corporation

• Franchise

What form of partnership has unequal shares and liability for partners?

• General partnership

• Limited partnership

• Semi partnership

• Restricted partnership

Which of the following established standards for minimum wages and overtime pay?

• H-2A Program

• Fair Labor Standards Act of 1938

• Migrant and Seasonal Agricultural Worker Protection Act

• Safe Labor Standards Act of 1938

Which of the following usually has less taxes and governmental regulations?

• Sole proprietorship

• Partnership

• Corporation

• Franchise

Agriculture accounts for what percent of child labor worldwide?

• 50 percent

• 60 percent

• 70 percent

• 80 percent

In which year was the Freedom to Farm Act passed?

• 1994

• 1995

• 1996

• 1997