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Basic Economic Terms & Business Formations Flashcards | StudBud
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Basic Economic Terms & Business Formations
Basic Economic Terms & Business Formations
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Quiz One!
Flashcards
10 cards
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Questions
10
Answers
1
What is the largest city (by population) in North Carolina?
Raleigh
Charlotte
Durham
Greensboro
2
Sharing profits is a DISADVANTAGE of this type of business formation:
Corporation
Partnership
Sole-proprietorship
Franchise
3
A company that sells stock shares and relies on a central body of people for leadership is a:
Partnership
Corporation
Franchise
Sole-proprietorship
4
John specializes in leasing commercial buildings to companies. which type of resource is this?
Natural
Services
Capital
Human
5
Who is this?
Bill Gates
Mike Pence
Dr. Ross Renfrow
Some old guy in a suit
6
Which celebrity is the oldest?
Michael Jordan
Tom Cruise
Brad Pitt
Matt Damon
7
Ease of formation is an ADVANTAGE of this type of Business Format
Sole-proprietorship
Partnership
Franchise
Corporation
8
A restaurant offers dishes that have corn or beef. Which type of resource is are in the dishes?
Human
Service
Natural
Capital
9
Which "predator" animal is NOT found in North Carolina?
Wolf
Cougar
Tiger
Bear
10
Duke Energy Power Corp. uses water to power the area. Which resource is Duke Energy using?
Human
Capital
Natural
Service
