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Chris Quiz #2

Authored by Erin Munster

Financial Education

8th Grade

Chris Quiz #2
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Physical location of the business is a factor which should influence the type of ownership chosen.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following forms boards to act as governing bodies and is the most complicated form of business?

Partnership

Corporation

Franchise

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is owned by one individual?

Sole partnership

Partnership

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the right or license to sell a company’s product at a designated location?

Franchise

Sole partnership

Corporation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ____________ is a legal agreement between two or more people and is the least common form of business.

Partnership

Sole partnership

Corporation

Franchise

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a financing option suggested in the

Investors

Loans

Sale of assets

Small business administration

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Angel investors are individuals who seek high returns through investments.

True

False

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