LAW102_Session 12_HiepTH9

LAW102_Session 12_HiepTH9

University

10 Qs

quiz-placeholder

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LAW102_Session 12_HiepTH9

LAW102_Session 12_HiepTH9

Assessment

Quiz

Education

University

Medium

Created by

Trần Hữu Hiệp (FU CT)

Used 19+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

There are no formalities to being and operating a sole proprietorship.
True
False

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The purpose of Fictitious Name Registration Statutes is to collect tax.
True
False

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The biggest disadvantage of a sole proprietorship is that it may not continue after the owner's death.
True
False

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Any person competent to make a contract has the competence to be a partner.
True
False

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A partnership can only be formed to run a lawful business.
True
False

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The main disadvantage of a corporation is that the people who own or control a majority of the voting stock have the sole voice in management.
True
False

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A corporation does not have an existence separate and apart from the existence of its individual members.
True
False

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