A ______ is a legal designation that can protect small-business owners from personal liability in business obligations.
Business Terms Test Part 2

Flashcard
•
Business
•
6th - 8th Grade
•
Hard
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9 questions
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1.
FLASHCARD QUESTION
Front
Back
LLC or Limited Liability Company
2.
FLASHCARD QUESTION
Front
A ______ is a legal structure for a corporation in which the owners, or shareholders, are taxed separately from the entity.
Back
C-Corporation
3.
FLASHCARD QUESTION
Front
A also known as a Federal Tax Identification Number, is used to identify a business entity. (Hint a Social Security # for your business)
Back
EIN
4.
FLASHCARD QUESTION
Front
A ______ is the item offered for sale.
Back
Product
5.
FLASHCARD QUESTION
Front
is a collection of web pages and related content that is identified by a common domain name and published on at least one web server.
Back
Website
6.
FLASHCARD QUESTION
Front
a person or organization that buys goods or services from a store or business.
Back
Customer
7.
FLASHCARD QUESTION
Front
A symbol comprised of words, images, and colors that is used to identify a brand or product.
Back
Logo
8.
FLASHCARD QUESTION
Front
What Graphic Design Programs did we use in class to create our logos?
Back
Photoshop & Adobe Illustrator
9.
FLASHCARD QUESTION
Front
What is a presentation that provides a brief but informative overview of your business?
Back
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