5 Written questions
5 Matching questions
- horizontal merger
- S corporation
- conglomerate merger
- a type of franchising arrangement in which the franchisor makes a product and licenses the franchisee to sell it.
- b A combination of two firms that are in the same industry
- c A form of corporation that avoids double taxation by having its income taxed as if it were a partnership.
- d A combination of two firms that are in unrelated industries.
- e A corporate restructuring in which one firm buys another.
5 Multiple choice questions
- A corporation with a limited number of owners that operates under simpler, less formal rules than a C corporation.
- An organization that pools contributions from investors, clients, or depositors and uses these funds to buy stocks and other securities
- A form of business ownership with a single owner who usually actively manages the company
- A corporate restructuring that occurs when two formerly independent business entities combine to form a new organization.
- The most common type of business corporation, where ownership offers limited liability to all of its owners, also called stockholders.
5 True/False questions
franchise → The party in a franchise relationship that pays for the right to use resources supplied by the franchisor
articles of incorporations → A form of corporation that avoids double taxation by having its income taxed as if it were a partnership.
limited liability company → When owners are not personally liable for claims against their firm. Limited liability owners may lose their investment in the company, but their personal assets are protected.
franchisee → a licensing agreement wherebu a franchisor allows franchisees to use its name, trademark, products, business methods and other property in exchange for monetary payments and other consideration
franchisor → the business entity in a franchise relationship that allows others to operate their business using resources it supplies in exchange for money and other considerations