Business Ownership
Authored by Stacie Segars
Computers
8th Grade
Used 12+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a type of business ownership?
Partnership
Sole Proprietorship
Entrepreneurship
Franchise
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is defined as a business which is owned and operated by one individual?
Partnership
Sole proprietorship
Entreprenuership
Franchise
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is define as a business in which partners have an unequal share and liability in the business?
Sole proprietorship
Limited partnership
General partnership
Franchise partnership
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a type of business which operates as a separate legal entity?
Corporation
Franchise
Partnership
Sole proprietorship
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a disadvantage of a franchise?
Requires assistance from a parent company
Name recognition
Shared advertising expenses
Must follow the parent company's business structure
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is the money or other resources needed to pay for a part or parts of the company?
Investment
Purchasing cost
Grant
Finance
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is the rocess of issuing loans in small amounts?
Macrolending
Microlending
Granting
Leasing
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