Freedom & Control is an advantage of this kind of business
sole proprietorship
Oops!
Check
Okay!
Check
15
steel manufacturing, oil, railroads, tire manufacturing, grocery store chains, and wireless carriers are examples of
oligopolies
Oops!
Check
Okay!
Check
baam
Lose 20 points!
Oops!
shark
Other team loses 20 points!
Okay!
rocket
Go to first place!
Okay!
baam
Lose 15 points!
Oops!
15
What do we call a user- owned and controlled business from which benefits are derived and distributed equita- bly on the basis of use or as a business owned and controlled by the people who use its services
cooperative
Oops!
Check
Okay!
Check
15
What does Unlimited liability mean?
owner is personally liable for the debts and expenses of the business
Oops!
Check
Okay!
Check
15
This is a disadvantage of starting a business
Limited Funds
Oops!
Check
Okay!
Check
15
McDonald is an example of a
franchise
Oops!
Check
Okay!
Check
15
Amazon is an example of a
corporation
Oops!
Check
Okay!
Check
15
law firms, physician groups, real estate investment firms and accounting groups are examples of
partnerships
Oops!
Check
Okay!
Check
15
What do we call the the capital raised by a business or corporation through the issue and subscription of shares
stock
Oops!
Check
Okay!
Check
15
70% of all businesses in the US
Sole proprietorship
Oops!
Check
Okay!
Check
15
partial ownership in a company
stock
Oops!
Check
Okay!
Check
eraser
Reset score!
Oops!
fairy
Take points!
5
10
15
20
25
fairy
Take points!
5
10
15
20
25
thief
Give points!
5
10
15
20
25
15
A business that ceases to exist if the owner dies, retires, or leaves the business.
Limited life
Oops!
Check
Okay!
Check
15
Mom and Pop Stores, mechanic shops, computer repairs are examples of this type of business