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Author Archives: Anonymous

Successful entrepreneurs accept the risk of failure.

Successful entrepreneurs accept the risk of failure.

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The__________ is the most common form of business ownership.

The__________ is the most common form of business ownership.

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What description best reflects entrepreneurial personality t…

What description best reflects entrepreneurial personality traits?

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Entrepreneurs take calculated risks.

Entrepreneurs take calculated risks.

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A closed corporation is one whose stock is held by a few peo…

A closed corporation is one whose stock is held by a few people and is not available to the general public.

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The__________ is usually the easiest form of business to sta…

The__________ is usually the easiest form of business to start and end.

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A limited partnership consists of one or more general partne…

A limited partnership consists of one or more general partners and one or more limited partners.

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Corporations make up the largest percentage of all the forms…

Corporations make up the largest percentage of all the forms of business ownership.

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When two or more people legally agree to become co-owners of…

When two or more people legally agree to become co-owners of a business, the form of business is called a cooperative.

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A(n)_________ is a state-chartered legal entity with authori…

A(n)_________ is a state-chartered legal entity with authority to act and to have liability separate from its owners.

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