
Exit Ticket (11/15/22)
Presentation
•
Business
•
9th - 12th Grade
•
Medium
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Used 1+ times
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0 Slides • 3 Questions
1
Multiple Choice
What is considered the riskiest form of a new business startup?
liquidation
purchasing a franchise
buying an existing business
from scratch
2
Multiple Choice
What is a common advantage of a partnership over a sole proprietorship?
the partnership avoids certain taxes paid
the partnership becomes its own legal entity
the partnership brings in more capital and expertise
the partnership often shifts liability to the company
3
Multiple Choice
Dante as a sole proprietor has set up a new iron-making business, which he named Dante’s Inferno. The business requires that he and his workers create their products using ovens that are often almost 3,000 degrees Fahrenheit. Naturally, Dante is concerned about potential accidents and how he might be personally held liable. What could Dante do to eliminate his personal liability and help his business grow?
liquidate his company
purchase a franchise
find a partner
form a corporation
What is considered the riskiest form of a new business startup?
liquidation
purchasing a franchise
buying an existing business
from scratch
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