Econ Unit 3 Vocab
Authored by Savannah Bush
Social Studies
12th Grade
Used 4+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a legal registration of an invention that gives exclusive rights to the creator?
Franchise
Patent
Merger
Stock
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of business allows selling products using the same name and practices?
Corporation
Partnership
Franchise
Monopoly
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are profits paid to shareholders called?
Stock
Dividend
Liability
Merger
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What represents ownership in a corporation?
Stock
Patent
Liability
Conglomerate
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the legal obligation to pay debts called?
Merger
Liability
Dividend
Monopoly
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the combining of two or more companies to form a single company called?
Conglomerate
Merger
Partnership
Franchise
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a business composed of companies that produce unrelated goods or services?
Monopoly
Conglomerate
Sole Proprietorship
Corporation
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