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Business

7th -

11thgrade

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Business Retail

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20 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    More owners means more disagreements for what type of structure?

    Public Limited

    Partnerships

    Private Limited

    Sole Trader

  • 2. Multiple Choice
    30 seconds
    1 pt

    _______________is a legal term for being held accountable

    Liability

    Assets

    Bankruptcy

    Claim

  • 3. Multiple Choice
    1 minute
    1 pt

    Disadvantages for this type of business include: owner pays for everything, hard to get money to start from the bank, owner might lack skills & unlimited liability.

    Sole Proprietorship

    Partnership

    Corporation

    Limited liability company

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