POB Review 5

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Since Jane’s corporation has become so popular, she has decided to allow other businesses to sell her products. This is an example of what type of business?

Several small businesses that sell organic foods have joined together to increase their chances to pay lower prices for inventory. This is an example of what type of business?

Todd decided to form a corporation instead of a sole proprietorship because of which ADVANTAGE listed below?

Tami opened an auto body shop after repairing a couple of cars to the high satisfaction of customers. She has experienced which ADVANTAGE over a corporation?

Chun purchased 150 shares of stock in the Panasonic Company. How many votes will she have at the next stockholder’s meeting?

Both Bob and Jeri contributed to the expansion of their business to sell more brands of tires. They both experienced which ADVANTAGE of a partnership over a sole proprietorship?

Even though a company may sell shares of stock, it relies on a central body of people for financial directions. This is an example of what type of business?

Tami wants to invest money in shares of stock. She would have to pay taxes on her earnings twice. Which is an ADVANTAGE of a sole proprietorship over a corporation?