Business Ownership and Business Test

Which of the following are protections provided to authors of original works such as literature? A) copyright B) patent C) trademark D) domain name

A) copyright

Which of the following is money borrowed from a business or investment which must be repaid over time with interest? A) debt capital B) venture capital C) equity capital D) investment capital

A) debt capital

Which of the following is the right or license to sell a company's product or service at a designated location? A) franchise B) corporation C) partnership D) sole proprietorship

A) franchise

Groups of individuals who invest money in various types of companies in search of making a profit are known as which of the following? A) investors B) socialists C) investing entrepreneurs D) capitalists

A) investors

Which of the following is NOT a tip provided in the segment for naming a business? A) making the name difficult to pronounce B) making the name descriptive of the business C) making it easy to remember D) making the name short or indicate a short version

A) making the name difficult to pronounce

Which of the following are the grants of intellectual property rights to the inventor? A) patent B) copyright C) domain name D) trademark

A) patent

Which of the following is defined as a business which is owned and operated by one individual? A) sole proprietorship B) partnership C) franchise D) entrepreneurship

A) sole proprietorship

Which of the following is a type of business which operates as a separate legal entity? A) franchise B) corporation C) sole partnership D) partnership

B) corporation

Which of the following are the unique names which identify Internet sites and businesses? A) patent B) domain name C) trademark D) copyright

B) domain name

Which of the following is the money or other resources needed to pay for a part or parts of the company? A) investment B) finance C) purchasing cost D) grant

B) finance

Which of the following is a disadvantage of a franchise? A) requires assistance from a parent company B) must follow the parent company's business structure C) name recognition D) shared advertising expenses

B) must follow the parent company's business structure

A _________ is a legal agreement between two or more people and is the least common form of business. A) franchise B) partnership C) sole proprietorship D) corporation

B) partnership

Which of the following forms boards to act as governing bodies and is the most complicated form of business? A) partnership B) sole proprietorship C) corporation D) franchise

C) corporation

Which of the following is NOT a type of business ownership? A) franchise B) partnership C) entrepreneurship D) sole proprietorship

C) entrepreneurship

Which of the following is money raised by a business or investor in exchange for a share of ownership in the company? A) investment capital B) debt capital C) equity capital D) venture capital

C) equity capital

Which of the following is the process of issuing loans in small amounts? A) leasing B) macrolending C) microlending D) granting

C) microlending

Which of the following is owned and operated by one individual? A) partnership B) corporation C) sole proprietorship D) franchise

C) sole proprietorship

Words, symbols, names or devices used to specify goods and differentiate one good from others is defining which of the following? A) domain name B) patent C) trademark D) copyright

C) trademark

Which of the following is defined as a business in which partners have an unequal share and liability in the business? A) general partnership B) sole partnership C) franchise partnership D) limited partnership

D) limited partnership

Which of the following is NOT a financing option suggested in the presentation? A) loans B) small business administration C) investors D) sale of assets

D) sale of assets

_____________ are words, symbols, names or devices used to specify goods and differentiate one good from others. A) patents B) licenses C) copyrights D) trademarks

D) trademarks

Patents are issued by state governments. True or False

False

Physical location of the business is a factor which should influence the type of ownership chosen. True or False

False

Angel investors are wealthy individuals who seek high returns through private investments. True or False

True

Capital is wealth in the form of money or property. True or False

True