Wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Forms of Business Organizations EMZ

Total questions: 13

Worksheet time: 29mins

Name
Class
Date
1.

A form of business is owned by one person; the simplest, and the most common form of business organization

a)

Sole/Single proprietorship

b)

Cooperatives

c)

Partnership

d)

Corporation

2.

Give the Advantages of Sole Proprietorship

4 lines
3.

Give the Disadvantages of Sole Proprietorship

4 lines
4.

A form of business owned by two or more persons. The details of the arrangement between the partners are outlined in a written document called articles of partnership

a)

Sole/Single Proprietorship

b)

Cooperatives

c)

Partnerships

d)

Corperation

5.

Advantages of a partnership

4 lines
6.

Disadvantages of a partnership

4 lines
7.

The owners are called stockholders or shareholders

a)

Sole/Single Proprietorship

b)

Partnership

c)

Si Sir Lolo emz

d)

Corporation

8.

Advantages of a corporation

4 lines
9.

Disadvantages of a corporation

4 lines
10.

Is a duly registered association of persons with a common bond of interest, voluntarily joining together to achieve their social, economic and cultural needs. The members are expected to patronize their products and services.

a)

Sole/Single Proprietorship

b)

Partnerships

c)

Corporation

d)

Cooperatives

11.

The advantages of a cooperatives

4 lines
12.

The disadvantages of a Cooperative

4 lines
13.

Summarize all the forms of business organization.

4 lines