Business Types

Question 0

One person owns a business

Answer 0

Sole proprietorship

Question 1

A person who starts their own business

Answer 1

Entrepreneur

Question 2

A business owned by two people

Answer 2

Partnership

Question 3

When they can take your personal money after being in debt

Answer 3

Unlimited financial liability

Question 4

Controlled by state. Legally apart owners

Answer 4

Corporation

Question 5

A person whil holds stocks

Answer 5

Stock holder

Question 6

Make decisions

Answer 6

Board of directors

Question 7

Order. Power

Answer 7

Officers

Question 8

An agreement that allows people to sell your product.

Answer 8

Franchise

Question 9

Fee to operate franchise

Answer 9

Franchise fee

Question 10

Percentage of sales the franchise gives to the franchiser

Answer 10

Royalty

Question 11

Help people in particular occupation

Answer 11

Professional organizations

Question 12

Help to improve economy

Answer 12

Business association

Question 13

Promote interest to particular industries

Answer 13

Trade association

Question 14

Key players in a corporation

Answer 14

Officers
Board of directer
Stock holders

Question 15

Advantages of corporations

Answer 15

Limited liability

Easy to transfer

Question 16

Char attics to a franchise

Answer 16

Name
Product
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