CE 12C Review: Types of Businesses
Authored by Marina Freeze
Social Studies
8th Grade
Used 18+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________________ is money made after expenses have been paid.
Entrepreneur
Investment
Liabilities
Profit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________________ is using money to make a profit.
Entrepreneur
Investment
Liabilities
Profit
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________________ is a person who starts a business.
Entrepreneur
Investment
Liabilities
Profit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________________ are responsibilities for debts.
Investment
Liabilities
Profit
Risk
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________________ is taking a chance to win or lose.
Investment
Liabilities
Profit
Risk
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business with one owner who takes all the risks and keeps all the profit. Which type of business structure is this describing?
Corporation
Entrepreneur
Partnership
Proprietorship
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business that is authorized by law to act as a legal person regardless of the number or owners. Owner liability is limited to investment. Which type of business structure is this describing?
Corporation
Entrepreneur
Partnership
Proprietorship
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