chapter 4 business introduction

Beschreibung

1 Business Introduction Quiz am chapter 4 business introduction , erstellt von Rigo Sanchez am 23/10/2015.
Rigo Sanchez
Quiz von Rigo Sanchez, aktualisiert more than 1 year ago
Rigo Sanchez
Erstellt von Rigo Sanchez vor etwa 9 Jahre
19
1

Zusammenfassung der Ressource

Frage 1

Frage
a business that is owned and operated bey one individual is referred to as a
Antworten
  • sole proprietorship
  • partnership
  • joint venture
  • non profit cooporation

Frage 2

Frage
is a form of business ownership that is quasi taxable and consists of two or more owners
Antworten
  • partnership
  • acquisition
  • corporation
  • merger

Frage 3

Frage
is a legal entity, created by the state whose assets and liabilities are separate from its owners
Antworten
  • joint venture
  • merger
  • partnership
  • corporation

Frage 4

Frage
is a partnership established for a specific project for a limited time
Antworten
  • joint venture
  • corporation
  • partnership
  • merger

Frage 5

Frage
is a form of business ownership that is taxed as though it where a partnership with restrictions on shareholders
Antworten
  • s corporation
  • merger
  • partnership
  • joint venture d

Frage 6

Frage
is a form of business ownership that provides limited liability, as in a corporation, but is taxed like a partnership
Antworten
  • limited liability company
  • non profit corporation
  • acquisition
  • cooperative

Frage 7

Frage
an organization composed of individuals or small businesses that have banded together to reap the benefits of belonging to a larger organization is referred to as a
Antworten
  • cooperative
  • joint venture
  • merger
  • sole proprietorship

Frage 8

Frage
occurs when two companies combine to form a new company
Antworten
  • merger
  • partnership
  • acquisition
  • joint venture

Frage 9

Frage
occurs when one company purchases another, usually by buying most of its stock
Antworten
  • acquisition
  • partnership
  • joint venture
  • cooperative

Frage 10

Frage
a group of investors borrows money from banks and other institutions to acquire a company, using the assets of the purchased company to guarantee the repayment of the loan
Antworten
  • leveraged buyout
  • cooperative
  • nonprofit corporation
  • acquisition

Frage 11

Frage
which of the following is an advantage of a sole proprietorship?
Antworten
  • ease of formation
  • equally shared profits among owners
  • unlimited liability
  • increased life expectancy

Frage 12

Frage
which of the following is not a source of funds for a partnership
Antworten
  • bank loan
  • personal funds
  • sale of stock
  • private investor

Frage 13

Frage
the legal documents that identify the base agreements between partners are called
Antworten
  • articles of partnership
  • ease of organization
  • combined knowledge and skills
  • availability of capital and credit

Frage 14

Frage
all the following are advantages of a partnership except
Antworten
  • unlimited liability
  • ease of organization
  • combined knowledge and skills
  • availability of capital and credit

Frage 15

Frage
are the profits of a corporation that are distributed in the form of cash payments to stockholders
Antworten
  • common stock
  • preferred stock
  • distributions
  • dividends

Frage 16

Frage
a private corporation is one
Antworten
  • whose stock is traded on the New York stock exchange
  • that does not pay taxes on its income
  • whose stock is not traded in public markets
  • that must disclose its financial to the public

Frage 17

Frage
is elected by the stockholders to oversee the general operation of the corporation and set long term objectives
Antworten
  • board of directors
  • preferred stockholders
  • common stockholders
  • CEO

Frage 18

Frage
which type of stockholders usually has the right to vote and control the board of directors
Antworten
  • preferred stockholders
  • common stockholders
  • the Board of directors
  • members of the firm

Frage 19

Frage
when companies operating at different but related levels of industry merge, the merger is known as a
Antworten
  • horizontal merger
  • vertical merger
  • conglomerate merger
  • hostile takeover

Frage 20

Frage
results when two firms in unrelated industries merge
Antworten
  • horizontal merger
  • vertical merger
  • conglomerate merger
  • hostile takeover
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