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Business Structures Flashcards | StudBud
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Business Structures
Business Structures
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Answers
1
Which is the easiest and most common business structure?
Partnership
Sole Proprietorship
Corporation
Franchise
2
Which of the following is a type of business that operates as a separate legal entity?
Franchise
Sole Partnership
Corporation
Partnership
3
Which type of business structure has the most taxes?
Partnership
Corporation
Sole Proprietorship
Franchise
4
Which of the following is NOT a type of a business ownership?
Franchise
Sole Proprietorship
Partnership
Entrepreneurship
5
Which is the least common type of business structure
Corporation
Partnership
Franchise
Sole Proprietorship
6
Which of the following is defined as a business which is owned and operated by one individual?
Partnership
Sole Proprietorship
Entrepreneurship
Franchise
7
Which of the following is a disadvantage of owning a franchise?
You get assistance from a parent co.
Must follow parent company structure
Name Recognition
Shared Advertising
