17.2/17.3 Review

17.2/17.3 Review

7th Grade

20 Qs

quiz-placeholder

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17.2/17.3 Review

17.2/17.3 Review

Assessment

Quiz

Social Studies

7th Grade

Medium

Created by

Austin Hammonds

Used 40+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Small businesses owned by one person are called...

dividends

stocks

sole proprietorships

stockholders

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses in which two or more people share the responsibilities, costs, profits, and losses are known as...

partnerships

corporation

sole proprietorships

nonprofit organizations

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A type of business that is recognized as a separate legal entity is called a...

sole proprietorships

nonprofit organizations

corporation

partnerships

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Corporations raise money by selling...

dividends

stocks

sole proprietorships

partnerships

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ____________________ provides goods and services without seeking to earn a profit.

sole proprietorships

nonprofit organizations

corporation

partnerships

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Corporate profits paid to stockholders are called...

dividends

stocks

partnerships

sole proprietorships

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____________________elect the directors within a corporation.

sole proprietorships

nonprofit organizations

stockholders

corporation

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