Team 1
0
Team 2
0
Teams
Name
Score
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2
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8
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×
heart
Other team wins 15 points!
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
×
boom
Lose 50 points!
Oops!
×
gold
Win 50 points!
Okay!
×
shark
Other team loses 25 points!
Okay!
×
lifesaver
Give 20 points!
Oops!
15
×
Franchisees must pay ongoing ________ and royalties to the franchisor.
fees
Oops!
Check
Okay!
Check
15
×
Limited Liability Companies combine features of corporations and ________.
partnerships
Oops!
Check
Okay!
Check
×
trap
No points!
Oops!
×
gold
Win 50 points!
Okay!
×
rocket
Go to first place!
Okay!
×
baam
Lose 25 points!
Oops!
15
×
Liabilities in business refer to ________ or legal obligations owed by the company.
debts
Oops!
Check
Okay!
Check
15
×
Sole proprietorships and partnerships are taxed using ________ taxation.
pass-through
Oops!
Check
Okay!
Check
15
×
Liabilities can include legal obligations such as fines, debts, or ________.
restrictions
Oops!
Check
Okay!
Check
15
×
Private corporations retain more ________ compared to public corporations because shares are not sold publicly.
privacy
Oops!
Check
Okay!
Check
15
×
Limited liability means that an ownerâs ________ assets are protected from business debts.
personal
Oops!
Check
Okay!
Check
15
×
Nonprofits are exempt from many ________ because of their focus on public service.
taxes
Oops!
Check
Okay!
Check
15
×
Franchisees must choose a legal structure such as an LLC or ________ to operate the franchise.
corporation
Oops!
Check
Okay!
Check
15
×
In a public corporation, shareholders have ________ liability, meaning they are only responsible for their investment.
limited
Oops!
Check
Okay!
Check
15
×
Taxes for LLCs can be filed as a sole proprietorship, partnership, or ________.
corporation
Oops!
Check
Okay!
Check
15
×
An LLC provides ________ liability protection to its owners.
personal
Oops!
Check
Okay!
Check
15
×
One challenge for partnerships is resolving ________ among partners.
disagreements
Oops!
Check
Okay!
Check
×
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