WorksheetsLegal Structures
Total questions: 10
Worksheet time: 5mins
What is not an example of an LLC
Sony
Nike
Starbucks
Apple
True or False? A C Corporation is ideal for international businesses.
True
False
What is a Sole Proprietorship?
A business that has double taxation
A business provided with special tax advantages
A business that is owned by one person
A type of contract
What is an example of a Non-Profit?
Mcdonalds
American Red Cross
Microsoft
Red Bull
A business owned by more than one person is
Sole Proprietorship
Partnership
C Corporation
LLC
What business is provided with a special tax advantage?
LLC
S Corporation
C Corporation
Sole Proprietorship
What business has double taxation?
C-Corporation
Non-Profit
Partnership
S-Corporation
A non-profit is a group organized for purposes other than generating profit.
True
False
Which type of businesses have limited liability.
Partnership
Non-Profit
S Corporation & C Corporation
Sole Proprietorship
Partnerships share their profits.
True
False
