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Questions
10
Minutes
1
High Score
44
00:36
Quiz Played
492
times
Last played on Jul 14, 2018View comments
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Sample Questions

Question 1
It has limited liability
sole proprietorship
cooperative
corporation
partnership
Question 2
Which of the following statements is true of a nonprofit organization:
all of the below
they are established to support particular public or private goals
they can be organized as a corporation, a trust, or a foundation
the Red Cross is an example
Question 3
A disadvantage of opening a business franchise is
expanding the parent company
giving away control to shareholders
paying large fees to the parent company
not making a profit
Question 4
One advantage of a partnership over a sole proprietorship is that a partnership
involves no conflict between partners
faces less regulation
has unlimited liability
has shared decision-making power
Question 5
In order to be successful, entrepreneurs need energy and self-discipline, this means they
have self-confidence
thrive on hard work
takes risks
are able to motivate others
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