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Question: Which business ownership form is most suitable for family-run businesses?Options: Sole pro..
Question: What is a common reason for choosing a corporation as a business structure?Options: Simpli..
Question: In which business structure do owners have the most control over operations?Options: Sole ..
Question: What is a primary benefit of forming a limited liability company (LLC)?Options: Unlimited ..
Question: Which form of business ownership is characterized by a franchise agreement?Options: Sole p..
Question: Which business structure is best for raising large amounts of capital?Options: Sole propri..
Question: Which form of business ownership allows for shared profits and losses?Options: Sole propri..
Question: What is a key feature of a general partnership?Options: Limited liability for all partners..
Question: In which form of business ownership do owners have limited liability and can participate i..
Question: Which form of business ownership is characterized by a single owner with unlimited liabili..
Question: Which of the following is NOT a characteristic of a sole proprietorship?Options: Single ow..
Question: What is a common reason for choosing a limited liability company (LLC) over a corporation?..
Question: Which business structure is best suited for raising large amounts of capital?Options: Sole..
Question: What is the main disadvantage of a partnership?Options: Limited capitalShared profitsCompl..
Question: Which form of business ownership offers the most protection against personal liability?Opt..
Question: In a partnership, how is profit typically shared?Options: Equally among partnersBased on c..
Question: What is the primary advantage of a sole proprietorship?Options: Limited liabilityEase of f..
Question: What is a defining characteristic of a cooperative?Options: Owned by shareholdersOwned and..
Question: Which form of business ownership is most suitable for a business that requires significant..
Question: What is a disadvantage of a corporation compared to a sole proprietorship?Options: Limited..
Question: In which business structure do owners have a direct say in management decisions?Options: C..
Question: Which form of business ownership is typically easier to transfer ownership?Options: Sole P..
Question: What is a primary benefit of forming a Limited Liability Partnership (LLP)?Options: Unlimi..
Question: Which business structure is characterized by the ability to raise capital through the sale..
Question: What is a key disadvantage of a sole proprietorship?Options: Limited liabilityUnlimited li..
Question: In which form of business ownership do two or more individuals share ownership and profits..
Question: Which form of business ownership limits the liability of its owners to their investment in..
Question: Which business structure is most suitable for a family-owned business?Options: Sole propri..
Question: What is the main purpose of forming a limited liability partnership (LLP)?Options: To avoi..
Question: Which of the following is NOT a type of business ownership?Options: Sole proprietorshipPar..
