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Business Ownership Flashcards | StudBud
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Business Ownership
Business Ownership
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ICEV Business Ownership and Registration
Flashcards
21 cards
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Practice quiz
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Questions
21
Answers
1
Money raised by a business or investor in exchange for share of ownership of the company?
Venture Capital
Investment Capital
Equity Capital
Debt Capital
2
Which of the following is NOT a financing option suggested in the presentation?
Small Business Administration
Sale of Assets
Loans
Investors
3
Words, symbols, names or devices used to differentiate products from others.
Licenses
Patents
Copyrights
Trademarks
4
Money or other resources needed to pay for a part or parts of the company?
Finance
Investment
Purchasing Cost
Grant
5
Which of the following is NOT a type of business ownership?
Partnership
Sole Proprietorship
Franchise
Entrepreneurship
6
A _________ is owned and operated by one individual; an example would be a plumber.
Sole Proprietorship
Corporation
Partnership
Franchise
7
Money borrowed from a business or investment which must be repaid over time with interest?
Debt Capital
Investment Capital
Equity Capital
Venture Capital
8
Which of the following is the process of issuing loans in SMALL amounts?
Granting
Leasing
Macrolending
Microlending
9
True or False: Patents are issued by state governments.
False
True
10
Which of the following is the unique NAME which identifies Internet sites and businesses?
Copyright
Patent
Trademark
Domain Name
11
Legal agreement between two or more people, and is the least common form of business.
Partnership
Corporation
Sole Proprietorship
Franchise
12
Angel investors are wealthy individuals who seek high returns through private investments.
False
True
13
Individuals who invest money in various types of companies in search of making a profit?
Capitalists
Investors
Socialists
Investing Entrepreneurs
14
Which of the following is a grant of intellectual property rights to the inventor?
Copyright
Domain Name
Patent
Trademark
15
Which of the following is a disadvantage of a franchise?
Shared advertising expenses
Name recognition
Assistance from a parent company
Must follow parent company business structure
16
Business in which partners have an unequal share and liability?
Sole Partnership
Franchise Partnership
General Partnership
Limited Partnership
17
The right or license to sell a company’s product or service at a designated location.
Sole Proprietorship
Franchise
Partnership
Corporation
18
Which of the following is a type of business which operates as a separate legal entity?
Franchise
Sole Proprietorship
Corporation
Partnership
19
A _______ forms boards to act as governing bodies. It is the most complicated form of business.
Partnership
Corporation
Sole Proprietorship
Franchise
20
True or False: Capital is wealth in the form of money or property.
True
False
21
Protections provided to authors of original works such as literature?
Copyrights
Patents
Trademarks
Domain Names