An individual who starts and manages a business, taking on financial risks in the hope of profit is called a (a) .
From Private to Public Vocabulary Quiz

Quiz
•
Business
•
10th Grade
•
Easy
Jessica Palumbo
Used 3+ times
FREE Resource
15 questions
Show all answers
1.
DROPDOWN QUESTION
30 sec • 1 pt
2.
DROPDOWN QUESTION
30 sec • 1 pt
A(n) (a) is a legal entity formed by a group of individuals or stakeholders to engage in a specific business activity.
3.
DROPDOWN QUESTION
30 sec • 1 pt
When a business is owned and operated by a single individual, it is called a (a) .
4.
DROPDOWN QUESTION
30 sec • 1 pt
A business owned by two or more individuals who share the profits and liabilities is known as a (a) .
5.
DROPDOWN QUESTION
30 sec • 1 pt
A (a) is a type of business organization that is legally distinct from its owners and is owned by shareholders.
6.
DROPDOWN QUESTION
30 sec • 1 pt
A (a) is a corporation that is not publicly traded and has a limited number of shareholders.
7.
DROPDOWN QUESTION
30 sec • 1 pt
In contrast, a (a) is a corporation whose shares are publicly traded and available for purchase by anyone.
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