chapter 4 business introduction

Descripción

1 Business Introduction Test sobre chapter 4 business introduction , creado por Rigo Sanchez el 23/10/2015.
Rigo Sanchez
Test por Rigo Sanchez, actualizado hace más de 1 año
Rigo Sanchez
Creado por Rigo Sanchez hace más de 8 años
12
1

Resumen del Recurso

Pregunta 1

Pregunta
a business that is owned and operated bey one individual is referred to as a
Respuesta
  • sole proprietorship
  • partnership
  • joint venture
  • non profit cooporation

Pregunta 2

Pregunta
is a form of business ownership that is quasi taxable and consists of two or more owners
Respuesta
  • partnership
  • acquisition
  • corporation
  • merger

Pregunta 3

Pregunta
is a legal entity, created by the state whose assets and liabilities are separate from its owners
Respuesta
  • joint venture
  • merger
  • partnership
  • corporation

Pregunta 4

Pregunta
is a partnership established for a specific project for a limited time
Respuesta
  • joint venture
  • corporation
  • partnership
  • merger

Pregunta 5

Pregunta
is a form of business ownership that is taxed as though it where a partnership with restrictions on shareholders
Respuesta
  • s corporation
  • merger
  • partnership
  • joint venture d

Pregunta 6

Pregunta
is a form of business ownership that provides limited liability, as in a corporation, but is taxed like a partnership
Respuesta
  • limited liability company
  • non profit corporation
  • acquisition
  • cooperative

Pregunta 7

Pregunta
an organization composed of individuals or small businesses that have banded together to reap the benefits of belonging to a larger organization is referred to as a
Respuesta
  • cooperative
  • joint venture
  • merger
  • sole proprietorship

Pregunta 8

Pregunta
occurs when two companies combine to form a new company
Respuesta
  • merger
  • partnership
  • acquisition
  • joint venture

Pregunta 9

Pregunta
occurs when one company purchases another, usually by buying most of its stock
Respuesta
  • acquisition
  • partnership
  • joint venture
  • cooperative

Pregunta 10

Pregunta
a group of investors borrows money from banks and other institutions to acquire a company, using the assets of the purchased company to guarantee the repayment of the loan
Respuesta
  • leveraged buyout
  • cooperative
  • nonprofit corporation
  • acquisition

Pregunta 11

Pregunta
which of the following is an advantage of a sole proprietorship?
Respuesta
  • ease of formation
  • equally shared profits among owners
  • unlimited liability
  • increased life expectancy

Pregunta 12

Pregunta
which of the following is not a source of funds for a partnership
Respuesta
  • bank loan
  • personal funds
  • sale of stock
  • private investor

Pregunta 13

Pregunta
the legal documents that identify the base agreements between partners are called
Respuesta
  • articles of partnership
  • ease of organization
  • combined knowledge and skills
  • availability of capital and credit

Pregunta 14

Pregunta
all the following are advantages of a partnership except
Respuesta
  • unlimited liability
  • ease of organization
  • combined knowledge and skills
  • availability of capital and credit

Pregunta 15

Pregunta
are the profits of a corporation that are distributed in the form of cash payments to stockholders
Respuesta
  • common stock
  • preferred stock
  • distributions
  • dividends

Pregunta 16

Pregunta
a private corporation is one
Respuesta
  • whose stock is traded on the New York stock exchange
  • that does not pay taxes on its income
  • whose stock is not traded in public markets
  • that must disclose its financial to the public

Pregunta 17

Pregunta
is elected by the stockholders to oversee the general operation of the corporation and set long term objectives
Respuesta
  • board of directors
  • preferred stockholders
  • common stockholders
  • CEO

Pregunta 18

Pregunta
which type of stockholders usually has the right to vote and control the board of directors
Respuesta
  • preferred stockholders
  • common stockholders
  • the Board of directors
  • members of the firm

Pregunta 19

Pregunta
when companies operating at different but related levels of industry merge, the merger is known as a
Respuesta
  • horizontal merger
  • vertical merger
  • conglomerate merger
  • hostile takeover

Pregunta 20

Pregunta
results when two firms in unrelated industries merge
Respuesta
  • horizontal merger
  • vertical merger
  • conglomerate merger
  • hostile takeover
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