Free Printable Forms of Business Organization

1.

1. A business that is owned and controlled by one person

is a:

a)

a. cooperative

b)

b. partnership

c)

c. sole proprietorship *

d)

d. corporation

2.

2. Individuals who invest in a corporation by buying stock are called?

a)

a. subsidiaries

b)

b. conglomerates

c)

c. cooperatives

d)

d. stockholders *

3.

3. A business that provides goods or services without seeking profits for distribution to individual members is a:

a)

a. not-for-profit organization *

b)

b. partnership

c)

c. cooperative

d)

d. corporation

4.

4. Business organization that is treated by law as if it were an individual person(can sue and be sued) is a?

a)

a. cooperative

b)

b. partnership

c)

c. sole proprietorship

d)

d. corporation *

5.

5. Business that is owned and controlled by two or more people is a:

a)

a. cooperative

b)

b. partnership *

c)

c. sole proprietorship

d)

d. corporation

6.

6. Certificates of ownerships in a corporation are called:

a)

a. bonds

b)

b. dividends

c)

c. stocks *

d)

d. interest

7.

7. In this type of partnership, the partners enjoy equal decision-making authority and have unlimited liability.

a)

a. limited

b)

b. general *

c)

c. conglomerate

d)

d. horizontal

8.

8. The amount of money paid to an investor in return for his investment.

a)

a. bonds

b)

b. dividends *

c)

c. stocks

d)

d. liability

9.

9. In this type of partnership, the "silent" partner invest in the company but remains in a non-active role.

a)

a. limited *

b)

b. general

c)

c. conglomerate

d)

d. horizontal

10.

10. Although they usually have no voice in how the company is run (can't vote),owners of this type of stock are guaranteed dividends.

a)

a. principal

b)

b. liability

c)

d. common

d)

e. preferred *

11.

11. Owners of this type of stock can vote on how the corporation is run and share in variable dividends.

a)

a. principal

b)

b. interest

c)

c. common *

d)

d. preferred

12.

12. The original amount of money borrowed in a loan.

a)

a. principal

b)

b. liability

c)

c. interest

d)

d. common

13.

13. The predetermined amount the borrower must pay for the use of borrowed funds.

a)

a. principal

b)

b. liability

c)

c. interest *

d)

d. common

14.

14. When one company absorbs another, this is called?

a)

a. conglomerate

b)

b. limited

c)

c. general

d)

d. merger *

15.

15. The most common form of business organization is the:

a)

a. sole proprietorship *

b)

b. partnership

c)

c. corporation

d)

d. cooperative

Forms of Business Organization

Total questions: 15

Worksheet time: 6mins

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