Assessment 4 - Module 5
Quiz by Cathrina Repalda
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5 questions
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- Q1The sole proprietorship is a form of business owned by ____________________.a single personstockholdersthe depositorsthe policyholders60s
- Q2It is the easiest and least costly form of business to organize.corporationpartnershipsole proprietorshipcooperative60s
- Q3It is an enterprise chartered by law, with most of the legal rights of a person, including the right to conduct a business, to own and sell, to borrow money, and to sue or be sued.partnershipcorporationsole proprietorshipcooperative60s
- Q4Owners of corporations are called _______________.investorsstockholderspolicy makersbuyers60s
- Q5These are organizations designed to give service to clients without expecting monetary gains or financial benefits for their endeavours.cooperativenon-profit organizationsprofit organizationsflexible business organizations60s