Sole Proprietorship
the most common type of business in the United States
sole proprietorship
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There are three main types of business ownership: What are they?
sole proprietorship
partnership
corporation
Give an example of a franchise in Oliver Springs
Wofford college beat this team in a matchup of conference leaders this past weekend. This team is based in Johnson City, TN
ETSU
What is the term when the owner is responsible for the company's debts and may lose personal assets definition
Unlimited Liability
A major disadvantage of owning a sole proprietorship is that the owner has limited liability T/F
f
each owner has one vote for each share of stock
corporation
If I bought 100 shares of Apple at $200 a piece, how much would I be liable for if Apple went bankrupt?
$20,000
Snickers is owned by which parent company?
Mars, Inc.
Well over 50% of all businesses have this type of business ownership
A business that grows or gathers raw goods
producer
Daily Double!!!!
what is the term when the owner is responsible for the company's debts
unlimited liability
What country was Justin Bieber born?
Canada
The capital of Kenya is
Nairobi
the business or art of money management
finance
When farmers group together to sell a product they form a
cooperative
If I bought a 10 shares of Apple for $100 a piece and sold them for $150 a piece 15 weeks later how much money would I have made?
$500
Who is the all time leading tackler in Oak Ridge football history?
The parent company often advertises for all the operators throughout the country
Franchise
the step of the product cycle where raw materials are taken and refined
processor
A contractual agreement to use the name and sell the products or services of a company in a designated geographic area
the process that involves getting consumers to buy a product or service
Marketing/Advertising
If Oak Ridge wins tonight against Fulton, who wins the Region championship?
Oak Ridge