Have an account?
Skip to Content
Build your own quiz
14 questions
Show Answers
See Preview
- 1. Multiple Choicea person who recognizes a business opportunity and organizes, manages, and assumes the risks of starting and operating a business.EntrepreneurManagerOwnerBoss
- 2. Multiple Choicea business that operates on the Internet. Many dot-com companies make shopping easier and more efficient for consumers.InternetPartnershipCooporation
- 3. Multiple Choicea corporation holds a firm's owners responsible for no more than the capital that they have invested in it.Limited liabilityFull liabilityPartial liability
- 4. Multiple ChoiceSmall Business AdministrationSBASMAFBA
- 5. Multiple ChoiceConsumers should be protected against goods that are hazardous to health or life.Right to SafetyRight to Consumer EducationRight to Justice
- 6. Multiple ChoiceJohn F. Kennedy
Richard M. Nixon
Gerald R. Ford3 Presidents3 Presidents who updated the consumer Bill of Rights3 Presidents who are not longer alive. - 7. Multiple Choicethe amount of goods and services consumers are will to purchase.DemandSupplyCost
- 8. Multiple Choiceamount of goods and services available for purchase.DemandSupplyQuantity
- 9. Multiple ChoiceAny place where buyers and sellers meet to exchange goods and services.TradeMarketEconomy
- 10. Multiple Choice1. Supply can decrease.
2. Supply can increase.
3. Demand can decrease.
4. Demand can increase.Four SeasonsFour Rules of EconomyFour Market Behaviors - 11. Multiple ChoiceTax on the value of goods and services purchased & is the leading source of revenue for many state governments.Sales TaxState TaxIncome Tax
- 12. Multiple ChoiceThings that you must have in order to survive.WantNeedInspirationGoals
- 13. Multiple ChoiceAny place where a country utilizes the production, distribution and consumption of goods & services.Economic SystemMarket SystemMarket Place
- 14. Multiple ChoiceWhat economic system do most world economies fall into?MixedMarketCommand
- Answer choicesTagsAnswer choicesTags