Business and SEM Quiz

Business and SEM Quiz

9th - 12th Grade

21 Qs

quiz-placeholder

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Business and SEM Quiz

Business and SEM Quiz

Assessment

Quiz

Other

9th - 12th Grade

Practice Problem

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Created by

Latanya Lawrence

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21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary benefit of forming a sole proprietorship?

Ability to raise millions in funding

Shared decision-making

Total control of the business

Limited liability

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of ownership is most attractive to investors seeking rapid growth?

Sole proprietorship

Corporation

Franchise

Partnership

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which ownership type offers the least liability protection?

Corporation

LLC

Sole proprietorship

Joint venture

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a business owner wants to protect personal assets, which structure is best?

Partnership

Sole proprietorship

Corporation

Freelance model

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might a bakery remain a sole proprietorship?

To raise stock

To grow internationally

To maintain personal control

To reduce costs on licensing

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is true about LLCs?

They sell stock to the public

They offer unlimited liability

They combine liability protection with flexible ownership

They are required for all medical practices

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business needing millions of dollars in funding should choose:

Sole proprietorship

Partnership

Corporation

Nonprofit

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