Types of Business Organizations
Assessment
•
Deleted User
•
Other
•
9th - 12th Grade
•
31 plays
•
Medium
Student preview
8 questions
Show all answers
1.
MULTIPLE CHOICE
30 sec • 1 pt
How is a corporation different from a sole proprietorship?
2.
MULTIPLE CHOICE
30 sec • 1 pt
Steven and his brothers want to start a plumbing business together. What is an advantage of organizing the business as a partnership rather than a corporation?
3.
MULTIPLE CHOICE
5 sec • 1 pt
When comparing the four main types of business organization, which type protects owners the MOST from personal financial liability due to being sued by a customer?
4.
MULTIPLE CHOICE
30 sec • 1 pt
How are sole proprietorships and partnerships alike?
5.
MULTIPLE CHOICE
30 sec • 1 pt
How is a corporation different from a sole proprietorship or partnership?
6.
MULTIPLE CHOICE
30 sec • 1 pt
The MOST LIKELY incentive for entrepreneurs to start a new business is
7.
MULTIPLE CHOICE
30 sec • 1 pt
The market structure with the largest number of suppliers is
8.
MULTIPLE CHOICE
30 sec • 1 pt
Which market structure is BEST indicated by the photograph?
Find a similar activity
Create activity tailored to your needs using
.svg)