Types of Businesses

Types of Businesses

7th Grade

16 Qs

quiz-placeholder

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Types of Businesses

Types of Businesses

Assessment

Quiz

Other

7th Grade

Medium

Created by

Catherine Durand

Used 1K+ times

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A very large business with branches all over the world.

Sole Proprietorship

Partnership

Corporation

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A father who wants to take his son into the business with him should form this type of business.

Sole Proprietorship

Partnership

Corporation

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Someone who wants to control every aspect of their business should form this type of business.

Sole Proprietor

Partnership

Corporation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Over 2 million people own stock in American Steel; what type of business is it?

Sole Proprietorship

Paartnership

Corporation

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Maria is using her savings to open a shop selling clothing from Mexico. What type of business is it?

Sole Proprietorship

Partnership

Corporation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Louise and Susan are meeting to plan a new advertising campaign for the town newspaper they own. What type of business do they have?

Sole Proprietorship

Partnership

Corporation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When Luigi's Pizzeria went out of business, he was still responsible for paying all of the restaurant's bills. What type of business did he have?

Sole Proprietorship

Partnership

Corporation

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