Business Ownership

Business Ownership

8th Grade

25 Qs

quiz-placeholder

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Business Ownership

Business Ownership

Assessment

Quiz

Computers

8th Grade

Medium

Created by

Stacie Segars

Used 12+ times

FREE Resource

25 questions

Show all answers

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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