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Jane’s corporation has become so popular that she has decided to allow other businesses to sell her products. This is an example of what type of business?
Franchise
Cooperative
Corporation
Single taxation
control of decisions.
Limited liability
Partnership
potential of unlimited life.
Hank has ownership, even without liability over his initial investment, along with George for a local business. This is an example of what type of business ownership?
Franchise
Cooperative
Corporation
Single taxation
control of decisions.
Limited liability
Partnership
potential of unlimited life.
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?
Franchise
Cooperative
Corporation
Single taxation
control of decisions.
Limited liability
Partnership
potential of unlimited life.
Tami prefers working alone in her auto body shop and being in control of the daily activities. This type of business ownership ADVANTAGE over corporation is:
Franchise
Cooperative
Corporation
Single taxation
control of decisions.
Limited liability
Partnership
potential of unlimited life.
Mary owns stock for several companies, which she plans to pass ownership to her grandchildren. She chose this form of ownership over sole proprietorship because of the ADVANTAGE of
Franchise
Cooperative
Corporation
Single taxation
control of decisions.
Limited liability
Partnership
potential of unlimited life.
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?
Franchise
Cooperative
Corporation
Single taxation
control of decisions.
Limited liability
Partnership
potential of unlimited life.
Todd prefers business ownership that will not require his attention to daily activities. He chose this form of ownership over sole proprietorship because of
Franchise
Cooperative
Corporation
Single taxation
control of decisions.
Limited liability
Partnership
potential of unlimited life.
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?
Franchise
Cooperative
Corporation
Single taxation
control of decisions.
Limited liability
Partnership
potential of unlimited life.
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