17.2/17.3 Review
Quiz
•
Social Studies
•
7th Grade
•
Medium
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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