Podcast
Questions and Answers
Which of the following is NOT a possible business structure mentioned in the text?
Which of the following is NOT a possible business structure mentioned in the text?
- B-Corp
- Sole Proprietorship (correct)
- LLC
- C-Corp
What is the purpose of registering your business?
What is the purpose of registering your business?
- To generate ideas and stake out the competition
- To legally protect yourself and your business (correct)
- To get sponsorships and bookings
- To sell your products or services
What does registering your business allow you to do?
What does registering your business allow you to do?
- Expand your customer base
- Secure sponsorships
- Obtain licenses and permits (correct)
- Avoid paying taxes
Which company sponsors Crash Course Business?
Which company sponsors Crash Course Business?
Who creates the graphics for Crash Course Business?
Who creates the graphics for Crash Course Business?
How can viewers help keep Crash Course free for everybody?
How can viewers help keep Crash Course free for everybody?
Which of the following is a disadvantage of a sole proprietorship?
Which of the following is a disadvantage of a sole proprietorship?
Which type of business structure allows for sharing ownership between two or more people?
Which type of business structure allows for sharing ownership between two or more people?
What is the main advantage of forming a partnership instead of a sole proprietorship?
What is the main advantage of forming a partnership instead of a sole proprietorship?
Which type of business structure is completely separate from its owners?
Which type of business structure is completely separate from its owners?
Which type of business structure allows for the sale of stock to the public?
Which type of business structure allows for the sale of stock to the public?
Which type of business structure focuses on social good?
Which type of business structure focuses on social good?
Which type of business structure is a hybrid of a corporation and a partnership?
Which type of business structure is a hybrid of a corporation and a partnership?
Which type of business structure is created to do charity, education, religious, literary, or scientific work?
Which type of business structure is created to do charity, education, religious, literary, or scientific work?
Which of the following is NOT a benefit of obtaining tax-exempt status for a nonprofit?
Which of the following is NOT a benefit of obtaining tax-exempt status for a nonprofit?
What is the purpose of an Employer Identification Number (EIN) from the federal government?
What is the purpose of an Employer Identification Number (EIN) from the federal government?
What legal structure provides protection from personal liability for business owners?
What legal structure provides protection from personal liability for business owners?
What is the purpose of registering a business with the Secretary of State?
What is the purpose of registering a business with the Secretary of State?
