4 Questions
What is ownership considered as?
A bundle of rights
What right do business owners have in managing the business?
They have the right to run the business on a day-to-day basis
What happens to the profits in business ownership?
They belong to the owners
How is the exclusiveness of ownership described?
No one else can claim ownership of the owned item
Test your knowledge of ownership rights and privileges with this quiz. Explore the concept of exclusivity in ownership, the ability to derive benefits, and the authority to transfer ownership. Gain insights into business ownership and the relationship between investment, profits, and ownership rights.
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