Sole Proprietorship
Partnership
Corporation
Business Growth
100
What type of liability does a sole proprietor have?
What is unlimited liability
100
what are the two types of partnerships?
What is general and limited
100
what is a corporation?
What is a formal legal entity in its own
100
what are two ways a business can grow?
What is a merger or reinvestment
200
What is an advantage of a sole proprietorship when referring to profits?
What is keeps all profits
200
whats easy about a partnership?
What is starting the business
200
what two types of stock do corporations use?
What is common and preferred
200
what is depreciation?
What is a non cash charge of capitol goods
300
what is a disadvantage when referring to making money ?
What is hard to raise capitol
300
why do most people not go into a partnership?
What is conflicts with co owner
300
what is the main advantage of a corporation?
What is easy to raise capitol
300
what is cash flow?
What is money in money out
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