Business Type Match Game

Quiz
•
Social Studies
•
9th - 12th Grade
•
Medium
Nouran Begermy
Used 1+ times
FREE Resource
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business type is owned by one person and has unlimited liability?
Partnership
Sole proprietorship
Corporation
Cooperative
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business type shares ownership between two or more people, often with shared profits and responsibilities?
Partnership
Sole proprietorship
Cooperative
Corporation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of business is considered a separate legal entity and can sell shares to raise capital?
Cooperative
Sole proprietorship
Corporation
Partnership
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business type is formed to benefit members with shared goals (e.g., farmers pooling resources)?
Sole proprietorship
Partnership
Corporation
Cooperative
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key advantage of a corporation?
Unlimited liability
Limited liability for shareholders
Simplicity of setup
Few regulations
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key disadvantage of a sole proprietorship?
High start-up cost
Unlimited liability
Shared decision-making
Double taxation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In Islamic business ethics, what is the ruling on charging interest (riba)?
Halal
Haram
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