Unit Three Lesson Nine Economics
Authored by Mr Brunn
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12th Grade
Used 268+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An arrangement in which a parent company, or franchiser, distributes its products or services
Corporation
Business Franchise
Cooperative
Partnership
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business organization that is jointly owned and operated by a group of individuals for their mutual benefit
Corporation
Partnership
Nonprofit organization
Cooperative
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The legal responsibility to repay debts and to pay for damages resulting from a lawsuit
Liability
Ownership
Responsibility
Corporation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business owned by shareholders who have limited liability for the firm’s debt
Cooperative
Corporation
Multinational
Nonprofit
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A corporation that does business in more than one country
Multinational corporation
Nonprofit organization
Business franchise
Partnership
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An organization that functions much like a business but does not operate to make a profit
Cooperative
Partnership
Business franchise
Nonprofit organization
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business owned by two or more co-owners who share profits from the business and are legally responsible for debts
Cooperative
Partnership
Nonprofit organization
Liability
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