WorksheetsTypes of Businesses
Total questions: 7
Worksheet time: 4mins
An entrepreneur
is a person who is willing to take a risk
is a person who produces goods or services in search of profit
may establish a proprietorship or a partnership or be part of a company
all of the choices
If you are liable, you are
rich
economical
responsible for
good at budgeting
A proprietorship is
a form of business organization with one owner
a form of business organization with two or more owners
a form of business organization that is authorized by law to act as a legal person regardless of the number of owners
What is a stock or a share?
A way an individual may own a small part of a company
profit
human resource
liablity
A partnership is
a form of business organization with one owner
a form of business organization with two of more owners
a form of business organization that is authorized by law to act as a legal person regardless of the number of owners
A corporation is
a form of business organization with one owner
a form of business organization with two or more owners
a form of business organization that is authorized by law to act as a legal person regardless of the number of owners
What is profit?
risk
investment
the money earned after all expenses have been paid
