1
IUPUI BUS X100 EXAM 1 WITH CORRECT ANSWERS
Today the U.S. economy Mixed
is often characterized as
a __________ economy.
Which of the following Governmental
is NOT one of the four
resources used by
businesses today?
A. Material
B. Governmen
tal C.
Informational
D. Human
E. Financial
, 2
Business is the produce / sell
organized effort of
individuals to __ and
_____ for a profit the
products
and services that satisfy
society's needs.
There are __ sole more
proprietorships and
partnerships in the
United States today
than
there are corporations.
What type of partner in Limited
a limited partnership
can lose no more
money than that
which they invested in
the business?
The type of business Sole Proprietorship
that is the easiest to
start and is the
simplest form of
business is the
Ease of raising capital is a Corporations
characteristic of which
type of ownership?
The top governing body board of directors.
of a corporation of
which are
elected by the
stockholders is called
the
IUPUI BUS X100 EXAM 1 WITH CORRECT ANSWERS
Today the U.S. economy Mixed
is often characterized as
a __________ economy.
Which of the following Governmental
is NOT one of the four
resources used by
businesses today?
A. Material
B. Governmen
tal C.
Informational
D. Human
E. Financial
, 2
Business is the produce / sell
organized effort of
individuals to __ and
_____ for a profit the
products
and services that satisfy
society's needs.
There are __ sole more
proprietorships and
partnerships in the
United States today
than
there are corporations.
What type of partner in Limited
a limited partnership
can lose no more
money than that
which they invested in
the business?
The type of business Sole Proprietorship
that is the easiest to
start and is the
simplest form of
business is the
Ease of raising capital is a Corporations
characteristic of which
type of ownership?
The top governing body board of directors.
of a corporation of
which are
elected by the
stockholders is called
the
