Quizizz: Business Legal Structures
Authored by Chris Kable
Social Studies
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Does S-Corp have special tax advantages?
Yes
No
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
LLC, shields the owners' personal assets from business _______?
creditors
owners
employees
managers
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
S-Corp:
No more than 100 shareholders
Only one class of stock
Strict stipulations on who is allowed to be a shareholder
All of the above
4.
OPEN ENDED QUESTION
3 mins • 1 pt
Define pass through taxation:
Evaluate responses using AI:
OFF
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Are sole proprietorships easy to create?
yes
no
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