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WorksheetsWhat is a company?
Total questions: 10
Worksheet time: 5mins
Name
Class
Date
1.
A business formed to manufacture or supply products for a profit.
a)
sole proprietorship
b)
company
c)
corporation
d)
partnership
2.
Jordan's are an example of a company.
a)
True
b)
False
3.
A business owned by stockholders is
a)
company
b)
non-profit
c)
sole proprietorship
d)
corporation
4.
A person who starts their own business and assumes the risk.
a)
entrepreneur
b)
investor
c)
manager
d)
none of the above
5.
A business owned and managed by two or more people.
a)
sole proprietorship
b)
partnership
c)
corporation
d)
non-profit
6.
A corporation that does not sell stock to the public is called....
a)
private company
b)
public company
c)
limited company
d)
none of the above
7.
A share of ownership in a corporation is called...
a)
piece
b)
part
c)
stock
d)
all of the above
8.
Stock is sold in a
a)
public corporation
b)
private corporation
c)
partnership
9.
Risking the amount of money invested is ...
a)
limited liability
b)
unlimited liability
10.
Which type of business has limited liability?
a)
corporation
b)
sole proprietorship
c)
partnership
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