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IT 322

Authored by Eingillyn Conte

Business

University

Used 1+ times

IT 322
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8 questions

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1.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

Its a business arrangement where two or more parties agree to pool their resources for a specific project or undertaking

2.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

People of organization that own shares of company and have partial ownership of it

3.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

Refer to the legal structure of an organization that is recognized in a given jurisdiction

4.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Type of business owned and run by one person where there is no legal separation between the owner and the business

5.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

A business structure that is recognized by the state as a legal entity separate from its owner (also known as shareholders)

6.

MULTIPLE SELECT QUESTION

30 sec • 3 pts

Three (3) types of partnership

joint venture

limited

limited liability

corporation

general

7.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

A formal arrangement by two or more parties to manage and operate a business and share its profits

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