Chapter 33 - Entrepreneurship Flashcards

1

____ is starting and managing your own business.

2

To form a sole proprietorship or partnership___.

3

T or F: Advantages of an LLC include tax benefits

4

This type of business is a blend of characteristics of other types of business.

5

The value of this type of business is divided in to shares of stock.

6

The skills of the owners are combined in this type of business.

7

Which is not a legal form of business?

8

Which is not an advantage of being an entrepreneur?

9

The most common form of business ownership.

10

Which is not a risk of entrepreneurship?

Chapter 33 - Entrepreneurship