Growth limited by the owner's financial means.
Preliminary Examination

Quiz
•
Business
•
12th Grade
•
Medium
Eloisa Hernandez
Used 6+ times
FREE Resource
33 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
sole proprietorship
partnership
corporation
cooperative
2.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Check and balance maintained with two or more owners
sole proprietorship
partnership
corporation
cooperative
3.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Risks and losses are shared with other shareholders
sole proprietorship
partnership
corporation
cooperative
4.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Association of two or more persons who act as co-owners of a business.
sole proprietorship
partnership
corporation
cooperative
5.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Duly registered association of persons with a common bond of interest
sole proprietorship
partnership
corporation
cooperative
6.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
A business demanding on owner's personal time
sole proprietorship
partnership
corporation
cooperative
7.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Professional managers may be employed by the members.
sole proprietorship
partnership
corporation
cooperatives
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