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15
×
Companies need to __________ to avoid bankruptcy.
pay debts
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15
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__________ is a tax imposed on the profits of a corporation.
Corporate tax
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15
×
What does 'register' a business mean?
To officially record your business with the government
To advertise your business
To write down your business ideas
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lifesaver
Give 20 points!
Oops!
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seesaw
Swap points!
Okay!
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gift
Win 10 points!
Okay!
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thief
Give points!
5
10
15
20
25
15
×
__________ are legal agreements between two or more parties.
Contracts
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15
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What does 'pay debts' mean?
To count your money
To receive money from customers
To give money that you owe to others
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15
×
What does 'limited liability' mean?
You have limited control over the business
Your personal possessions are protected from business debts
You can only work limited hours
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thief
Give points!
5
10
15
20
25
×
star
Double points!
Okay!
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fairy
Take points!
5
10
15
20
25
×
banana
Go to last place!
Oops!
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eraser
Reset score!
Oops!
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gold
Win 50 points!
Okay!
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rocket
Go to first place!
Okay!
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baam
Lose 25 points!
Oops!
15
×
What are 'accounts' in business?
Stories about the business
Financial records showing money in and out
Lists of customers
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15
×
Oops!
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15
×
What are 'earnings'?
The money you make from work or business
The hours you work
The things you learn
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15
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What does it mean to 'borrow money' for a business?
To ask friends for free money
To get a loan from a bank or lender
To steal money
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boom
Lose 50 points!
Oops!
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star
Double points!
Okay!
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shark
Other team loses 25 points!
Okay!
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banana
Go to last place!
Oops!
15
×
What does 'structure' mean in business?
The products a business sells
The building where business operates
How a business is organized and set up
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15
×
What does 'employ' mean?
To use equipment
To start a business
To hire someone to work for you
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×
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