Business Ownership
Authored by Jermaine Williams
Business
1st Grade
Used 5+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This type of business is owned by one person.
Partnership
Sole Proprietorship
Corporation
Franchise
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This type of business is owned by two or more people.
Sole Proprietorship
Partnership
Corporation
Franchise
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This type of business is a contractual agreement with a parent company to sell its products/services in an area.
Sole Proprietorship
Partnership
Corporation
Franchise
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Law firms and doctor's offices are examples of.....
Sole Proprietorships
Partnerships
Corporations
Franchises
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Nike, Google and Apple are examples of.....
Sole Proprietorships
Partnerships
Corporations
Franchises
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
McDonald's and Burger King are examples of....
Sole Proprietorships
Partnerships
Corporations
Franchises
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Advantages of this business include: easier to get money from the bank to start, share skills and share risks.
Sole Proprietorship
Partnership
Corporation
Franchise
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