Entrepreneurs
Loan
Business
Contracts
Random
100
Who founded Tesla Motors and Space X
What is Elon Musk
100
What is a loan and give an example
What is an amount of money that is given to someone for a period of time with a promise that it will be paid back : an amount of money that is borrowed (answer could vary)
100
Define partnership and give and example of a business labeled as such
What is a business that is owned by two people Law firm, hair salon etc
100
Define a contract and give an example
What is a legally binding agreement Phone bill, car loan etc.
100
Define stock
What is a share of the value of a company which can be bought, sold, or traded as an investment
200
Who created the first self sustainable capsule to hold vaccines as they were distributed in third world countries
What is Bill Gates
200
What is the word for an amount of money that is given by a school, an organization, etc., to a student to help pay for the student's education and what is the name of the app created to help students find it from the shark tank video we watched
What is scholarship Scholly
200
What is the word to describe the owner of a business, or a holder of property
What is a proprietor
200
Who can enter into a contract
What is anyone over the age of 18 years old
200
If you own stocks worth $1,000 and they go down 50% what are these stocks worth?
What is $500
300
Who dropped out of college to later be fired from the company he founded
What is Steve Jobs
300
If you borrow $100,000 with an interest rate of 5.0% what will be the amount of your first years payment
What is $5,000
300
Name one invention you believe changed the world and explain why
Mr. McArdle's discretion
300
What does SG&A and R&D stand for
What is sales, general, and administrative Research and development partial credit
300
What is the word to describe a person who starts a business and is willing to risk loss in order to make money
What is entrepreneur
400
What company is Jeffrey Bazos famous for
What is Amazon.com
400
Define Mortgage and state what it is used for
What is a legal agreement in which a person borrows money to buy property (such as a house) and pays back the money over a period of years (a house or property)
400
Define patent
What is a right, conferred by a government, to the exclusive right to the use of an invention
400
Must a contract be in writing? why or why not
No it doesn't necessarily need to be written
400
Define subjective and name the antonym
What is relating to the way a person experiences things in his or her own mind; based on feelings or opinions rather than facts Objective
500
Why was Henry Ford significant
He created the first car
500
If you borrow $40,000 and the interest rate is 7.0% how much will you owe in the first year
What is $2,800
500
What word is used to describe the legal right to be the only one to reproduce, publish, and sell the contents and form of a literary or artistic work
What is copyright
500
Must a lawyer write a contract?
No anyone can write one
500
Name one of the commercials we watched in class; tell us: the name of the product the slogan
What is Like Mike!, Gatorade "Be like Mike" Macintosh, "And you'll see why 1984 won't be like 1984" Camel cigarettes, "Smoke Camels the cigarettes even doctors enjoy"
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