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BESR Q2

Authored by Marjorie Sison

Social Studies

9th - 12th Grade

Used 10+ times

BESR Q2
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1. Which is NOT a form of business ownership?

Sole Proprietorship

Corporation

Partnership

Retail

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

2. Easy to start; owner is own boss; owner keeps all the profits and shoulders losses. These are some descriptions of what type of business.

Sole Proprietorship

Partnership

Corporation

Franchise

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

3. What form of business consists of two or more people to carry on, as co-owners of a business for profit?

Sole Proprietorship

Partnership

Corporation

Cooperative

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

4. Your mother has Php 100,000. She wants to invest her money in the form of business that has the least amount of personal liability. What form of business would you recommend?

Sole Proprietorship

Partnership

Corporation

Cooperative

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

5. How a corporation differs from a sole proprietorship?

Corporations are owned by only one person.

Corporations can sell stocks to large and small investors to raise money for the business.

Sole proprietorships have limited liability for the owners.

Sole proprietorships require a legal charter to start the business.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. 6. A Sole Proprietorship, owned by one person, is a form of business organization that is small, requires little amount of capital and is readily established under the control of one person.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Partnership is a form of business in which two or more people operate for the common goal of making a profit.

True

False

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