Business

Franchisor

A business that leases its trade name and operating system to another person

Loans

Amounts of money borrowed which will accumulate interest

Sole Proprietorship

Business owned and operated by one individual

Separate Legal Entity

Business which is granted a charter establishing its own rights, privileges and liabilities distinct from those of its members

Which of the following is NOT an example of a service business mentioned in the presentation

Clothing store

Which of following are protections provided to authors of original works such as literature

Copyrights

A forms boards to act as governing bodies it is most complicated form of business

Corporation

Which of the following is type of business which operates as a separate legal entity

Corporation

Which of following is money borrowed from a business of investment which be repaid over time with interest

Debt capital

Which of the following is the unique name which identifies Internet sites and businesses

Domain name

Which of the following is NOT a type of business ownership

Entrepreneurship

Which of following is the money raised by a business or investor in exchange for share of ownership of the company

Equity capital

Patents are issued by state governments

False

Physical location of the business is a factor which should influence the type of ownership chosen

False

Which of the following is the money or other resources needed to pay for a part or parts of the company

Finance

A is the right or license to sell a company's product or service at a designated location; an example would be McDonalds

Franchise

Investors

Groups of individuals who invest their money in various types of companies in search of making profit

Secured

Guaranteed by collateral; items pledged making sure debt is repaid

Business Ownership

Individual or groups that own a business and its legal entities

Groups of individuals who invest money in various types of companies in search of making a profit are known as which of the following

Investors

Legal Entity

Law which allows a group of people to conduct business as a single unit, for example a group ownership

Partnership

Legal agreement between two or more people to be responsible for a business

Which of the following is defined as a business in which partners have an unequal share and liability in the business

Limited partnership

Microlending

Loans which are in small amounts

Which of the following is the process of issuing loans in small amounts

Microlending

Debt Capital

Money borrowed from a business or investor that must be repaid over time with interest

Financial Cushion

Money in savings which can pay expenses when income may not be accumulating

Equity Capital

Money raised by a business or investor in exchange for a share of ownership of the company

Which of the following is a disadvantage of franchise

Must follow parent company business structure

Limited Partnership

Partners have an unequal share and liability in the business; they are responsible only for the amount they invested

General Partnership

Partners share equal liability in the profits and losses of the business

A is legal agreement between two or more people and is the least common form of business

Partnership

Which of the following is grant of intellectual property rights to the inventor

Patent

Franchisee

Person or persons who pay fees to a company to operate a business under the franchisor's trade name

Copyrights

Protections provided to authors of original work

Which of the following is NOT a financing option suggested in the presentation

Sale of assets

Corporation

Separate legal entity which forms a board to act as governing bodies

A is owned and operated by one individual; an example would be a self-employed plumber

Sole Proprietorship

Which of the following is defined as a business which is owned and operated by one individual

Sole propietorship

Mentor

Someone who business experience and will aid in guiding your company to success

Patents

The grants of intellectual property rights to the investor

Franchise

The right or license sell a company's product or service at a designated location

Are words, symbols, names or devices used to specify the source of the goods, and used to differentiate them from others

Trademarks

Words, symbols, names or devices used to specify goods and differentiate one good from another are which of the following

Trademarks

Angel investors are wealthy individuals who seek high returns through private investments

True

Capital is wealth in the form of money or property

True

Domain Names

Unique names which identify Internet sites and businesses

Capital

Wealth in the form of money or property; used in business by a person, partnership or corporation

Angel Investors

Wealthy individuals who seek high returns through private investments

Trademarks

Words, symbols, names or devices used to specify goods and to differentiate them from others