Types of BUSINESSES
Presentation
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Other
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12th Grade
•
Easy
World Jr.High
Used 2+ times
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14 Slides • 8 Questions
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Types of BUSINESSES
By World Jr.High
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Multiple Choice
What is a Sole Proprietorship?
Business owned by president
Business owned by one person
Business owned by several companies
Business owned by a company
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Multiple Choice
Sole proprietor means _________
SINGLE OWNER
PARTNER
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Open Ended
Write an example of a sole proprietor in your city.
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Multiple Choice
What form of business ownership is subject to the least taxation and government regulation?
Sole Proprietorship
Limited Partnership
Family owned business
Corporation
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Multiple Select
Advantages of a sole proprietor are: choose 2
Limited liability
The owner takes all the profit
The owner makes all the decisions
Can raise substantial capital
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Multiple Choice
A business with one owner is known as a:
Corporation
Partnership
Sole Proprietor
Company
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Multiple Choice
Which form of ownership doesn't have limited liability?
Closed corporation
Private company
Public company
Partnership
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Multiple Choice
Which of the following is an advantage of a partnership?
Unlimited Liability
Arguments
Shared responsibility
Less investors
Types of BUSINESSES
By World Jr.High
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