
Business Organizations & Market Structures
Flashcard
•
Other
•
9th - 12th Grade
•
Practice Problem
•
Hard
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39 questions
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1.
FLASHCARD QUESTION
Front
Which of the following is NOT one of the three types of business organizations? Sole Proprietorship, Partnership, Corporation, Oligopoly
Back
Oligopoly
2.
FLASHCARD QUESTION
Front
Which business organization has a single owner? Options: Sole Proprietorship, Corporation, Partnership, Oligopoly
Back
Sole Proprietorship
3.
FLASHCARD QUESTION
Front
Which business organization is a firm legally owned by two or more people? Options: Sole Proprietorship, Corporation, Partnership, Oligopoly
Back
Partnership
4.
FLASHCARD QUESTION
Front
Which business organization issues stocks? Options: Sole Proprietorship, Corporation, Partnership, Oligopoly
Back
Corporation
5.
FLASHCARD QUESTION
Front
Which business organization has the disadvantage of unlimited liability for a single individual? Options: Sole Proprietorship, Corporation, Partnership, Oligopoly
Back
Sole Proprietorship
6.
FLASHCARD QUESTION
Front
Which business organization has the disadvantage of potential for conflict? Options: Sole Proprietorship, Corporation, Partnership, Oligopoly
Back
Partnership
7.
FLASHCARD QUESTION
Front
Which business organization has the disadvantage of paying special taxes (double taxation)? Options: Sole Proprietorship, Corporation, Partnership, Oligopoly
Back
Corporation
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