What is a Non-profit legal structure?
Gmetrix D1L1

Quiz
•
Business
•
9th Grade
•
Hard
Nicole Gantz
FREE Resource
40 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A) No ownership, no US federal taxes
B) Best for international business
C) Easy to create but comes with unlimited liability.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a C-Corp best for?
Lower tax rate
International business even with being double-taxed
Shared financial backing.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key characteristic of a Proprietorship?
A) Easy to create but comes with unlimited liability
B) Ideal for a single owner seeking low risk
C) Shared financial backing
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key benefit of an S-Corp?
No ownership, no US federal taxes
Lower tax rate that prevents the company from being double-taxed
Best for international business.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an LLC ideal for?
A) Shared financial backing
B) A single owner seeking low risk
C) Easy to create but comes with unlimited liability.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key feature of a Partnership?
A) No ownership, no US federal taxes
B) Shared financial backing
C) Best for international business
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: Sole proprietorships are a good choice for owners who want to test their business idea before forming a more formal business.
True
False
Create a free account and access millions of resources
Similar Resources on Quizizz
35 questions
Nature and purpose of business

Quiz
•
11th Grade
40 questions
Economic Systems Quiz

Quiz
•
9th Grade
35 questions
BP Ch. 5 Test

Quiz
•
9th - 12th Grade
35 questions
Introduction to Business

Quiz
•
10th Grade
36 questions
Business Management Final Exam Review - Part 2

Quiz
•
11th - 12th Grade
38 questions
Business Management Chapter 16 Review

Quiz
•
9th - 12th Grade
45 questions
ENTREPRENEURSHIP UNIT 2

Quiz
•
11th - 12th Grade
37 questions
BUS 320 Chapter 1

Quiz
•
University
Popular Resources on Quizizz
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade