chapter 4 business introduction

Descrição

1 Business Introduction Quiz sobre chapter 4 business introduction , criado por Rigo Sanchez em 23-10-2015.
Rigo Sanchez
Quiz por Rigo Sanchez, atualizado more than 1 year ago
Rigo Sanchez
Criado por Rigo Sanchez aproximadamente 9 anos atrás
19
1

Resumo de Recurso

Questão 1

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

Questão 2

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

Questão 3

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

Questão 4

Questão
is a partnership established for a specific project for a limited time
Responda
  • joint venture
  • corporation
  • partnership
  • merger

Questão 5

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

Questão 6

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

Questão 7

Questão
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
Responda
  • cooperative
  • joint venture
  • merger
  • sole proprietorship

Questão 8

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

Questão 9

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

Questão 10

Questão
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
Responda
  • leveraged buyout
  • cooperative
  • nonprofit corporation
  • acquisition

Questão 11

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

Questão 12

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

Questão 13

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

Questão 14

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

Questão 15

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

Questão 16

Questão
a private corporation is one
Responda
  • 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

Questão 17

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

Questão 18

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

Questão 19

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

Questão 20

Questão
results when two firms in unrelated industries merge
Responda
  • horizontal merger
  • vertical merger
  • conglomerate merger
  • hostile takeover

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