WorksheetsWyatt CE 12b Quiz Review
Total questions: 10
Worksheet time: 5mins
Which is an example of proprietorship?
Mr. Wyatt has a water bottle business. He is responsible for all of the debts and profits.
Milo owns stock in Mr. Wyatt;s business. He receives a portion of the company's profits.
Jazz and Everett own a Gamestop. They are both responsible for the Gamestop's debts.
Jordyn and Jalia own a flower shop. They share equally in the shop's profits.
In a proprietorship, the profits are kept by —
a group of people
two people
the government
one person
If a corporation fails, the owners' liability is their —
income
investment
savings
property
Who takes the risks and shares the profits in a partnership?
Two or more people
Government
Investors
One person
Which type of business can only be owned by one person?
Partnership
Proprietorship
Corporation
Entrepreneurship
Finn has 3,000. He wants to invest his money in a business that has the least amount of risk. Which should he invest?
coropration
partnership
proprietorship
entrepreneurship
Which is an example of a proprietorship-
Alexandria owning a candy store. She is responsible for the debts
Vilma and Casey owning a bookstore
Jayla & Jasmine owning a cell phone kiosk
Damon owns stock in Nike. She gets a portion of the profits
What score do you need to pass the SOL?
375
385
399
400 or better
