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Questions and Answers
Questions and Answers
What percentage of businesses are corporations?
What percentage of businesses are corporations?
- 20% (correct)
- 6%
- 8%
- 72%
What is a disadvantage of a sole proprietorship?
What is a disadvantage of a sole proprietorship?
- Special taxes
- More financial resources
- Easy to attract talent
- Unlimited liability (correct)
What is an advantage of a sole proprietorship?
What is an advantage of a sole proprietorship?
- More financial resources
- Ease of start/end (correct)
- Unlimited liability
- Division of profits
What type of partnership involves a passive investor?
What type of partnership involves a passive investor?
What is a benefit of a partnership?
What is a benefit of a partnership?
What is one of the disadvantages of corporations?
What is one of the disadvantages of corporations?
Why did Elon Musk acquire Twitter?
Why did Elon Musk acquire Twitter?
What is a characteristic of a corporation?
What is a characteristic of a corporation?
What happens when a corporation distributes dividends to its stockholders?
What happens when a corporation distributes dividends to its stockholders?
What is a disadvantage of having a single person holding both the chairman and CEO roles?
What is a disadvantage of having a single person holding both the chairman and CEO roles?
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