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An automobile factory is this type of business
partnership
proprietorship
producer
True
False
False
True
True
Many small businesses fail simply because owners do not keep adequate records.
partnership
proprietorship
producer
True
False
False
True
True
a business owned and controlled by at least two people who have entered into a written agreement.
partnership
proprietorship
producer
True
False
False
True
True
The most important step in starting a business is developing confidence.
partnership
proprietorship
producer
True
False
False
True
True
It is not wise to start a new business when demand for the product or service you plan to sell is high, because already established companies will have a clear advantage over you.
partnership
proprietorship
producer
True
False
False
True
True
A large number of small businesses in the US are service businesses.
partnership
proprietorship
producer
True
False
False
True
True
A business is owned and operated by only one person.
partnership
proprietorship
producer
True
False
False
True
True
Most Americans are employed by a small business.
partnership
proprietorship
producer
True
False
False
True
True
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