Which of the following is NOT a type of business ownership?
DEMC1073 QUIZ 1 JANUARY 2024

Quiz
•
Other
•
University
•
Hard
Siti Sidik
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Partnership
Sole proprietorship
Entrepreneurship
Company
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
Company
Franchise
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business structure is often used by large companies with multiple shareholders?
Sole Proprietorship
Partnership
Corporation
Limited Liability Company
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business structure requires a formal agreement between the owners?
Sole Proprietorship
Partnership
Corporation
Limited Liability Company
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Law firms and doctor's offices are examples of.....
Partnerships
Franchises
Corporations
Corporations
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Nike, Google and Apple are examples of.....
Franchises
Partnerships
Corporations
Sole Proprietorships
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Advantages of this business type are that the owner is their own boss and gets to keep all the profits.
Partnership
Franchise
Corporation
Sole Proprietorship
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