ENTREPRENEURSHIP QUIZ

1. The ________ is the most complex form of ownership and is a separate legal entity in the eyes of the law. (Points : 1)

2. Sole proprietorships characteristically are: (Points : 1)

3. A distinct disadvantage of the corporate form of ownership is: (Points : 1)

4. The ________ codifies the body of law dealing with partnerships in the United States. (Points : 1)

5. All partnerships must have: (Points : 1)

6. If a partnership is formed without an agreement, the partnership is automatically subject to the: (Points : 1)

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