Sole Proprietorship
Which is most likely to be a sole proprietorship? (write the letter)
A small business with one location
A business with locations across the country
A franchise
A company that trades on the stock market
A
DOUBLE JEOPARDY
Why did Microsoft, Apple, Facebook, and HP turn into corporations?
for company protection and to make more money
give one example of a corporation from the slideshow
Coca-Cola, Walmart, McDonald's, or Google
DOUBLE JEOPARDY
A corporation whose ownership is distributed amongst general public shareholders through _________ traded stock shares
publicly
people who hold shares in a corporation - can be referred to as members of the corporation
stockholders
a business owned and operated by __________
one person
The relationship between ____ or more people to do trade or business
2
DOUBLE JEOPARDY
What is the biggest corporation in America
Walmart
Apple, Tesla, Nike, or Starbucks
A business that gives the right to another person or business to sell goods or services using its name
Franchise
List at least 1 example of a sole proprietorship from the slideshow
Driven 4 Wellness, Coaches Corner, or Jen Towner Photography
List all 4 examples of partnerships from the slides
Microsoft, Apple, Facebook, HP
a type of organization where the ______, or shareholders are taxed separately from the entity
owners
A company does not trade its stock to the general public on the stock market exchange
a private company
a contract that outlines the terms of the business agreement between partners
partnership agreement