BUS 250 CH. 31 QUESTIONS WITH VERIFIED ANSWERS
Correct 38
Incorrect 00
1 of 38
Term
T/F Social enterprises are organizations that pledge to behave in a
socially responsible manner, even as they pursue profits.
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d. b.
the Federal Trade Commission (FTC) a limited liability company
F T
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2 of 38
,Definition
was first known and used by the Greeks and then spread through the
Romans to England.
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The sole proprietorship structure The limited liability partnership
The joint-stock company model The corporate form of business
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3 of 38
Term
An organization that does not pay income tax on its profits but passes
it through to its owners who pay the tax at their individual rates is called
a
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a. d.
general partnership. corporation.
c. a.
flow-through tax entity. franchise
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4 of 38
Term
T/F For those wishing to purchase a franchise, the Federal Trade
Commission acts as a guardian ensuring that the business idea is sound
and that the information in the Franchise Disclosure Document is
accurate.
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a.
F
franchise
d.
T
the Federal Trade Commission (FTC)
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5 of 38
Term
Which is an advantage of a sole proprietorship?
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Correct 38
Incorrect 00
1 of 38
Term
T/F Social enterprises are organizations that pledge to behave in a
socially responsible manner, even as they pursue profits.
Give this one a try later!
d. b.
the Federal Trade Commission (FTC) a limited liability company
F T
Don't know?
2 of 38
,Definition
was first known and used by the Greeks and then spread through the
Romans to England.
Give this one a try later!
The sole proprietorship structure The limited liability partnership
The joint-stock company model The corporate form of business
Don't know?
3 of 38
Term
An organization that does not pay income tax on its profits but passes
it through to its owners who pay the tax at their individual rates is called
a
Give this one a try later!
a. d.
general partnership. corporation.
c. a.
flow-through tax entity. franchise
, Don't know?
4 of 38
Term
T/F For those wishing to purchase a franchise, the Federal Trade
Commission acts as a guardian ensuring that the business idea is sound
and that the information in the Franchise Disclosure Document is
accurate.
Give this one a try later!
a.
F
franchise
d.
T
the Federal Trade Commission (FTC)
Don't know?
5 of 38
Term
Which is an advantage of a sole proprietorship?
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