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5 Written questions

5 Matching questions

  1. Legal Entity
  2. Limited Partnership
  3. Domain Names
  4. Patents
  5. Sole Partnership
  1. a Unique names which identify internet sites and businesses
  2. b Partners have an unequal share and liability in the business; they are responsible only for the amount they invested
  3. c The grants of intellectual property rights to the inventor
  4. d Business owned and operated by one individual
  5. e Law which allows a group of people to conduct business as a single unit, for example a group ownership

5 Multiple choice questions

  1. Partners share equal liability in the profits and losses of the business
  2. Loans which are in small amounts
  3. Legal agreement between two or more people to be responsible for a buisness
  4. Money raised by a business or investor in exchange for a share of ownership of the company
  5. Words, symbols, names or devices used to sepecify goods and to differentiate them from others

5 True/False questions

  1. Buisness OwnershipBusiness owned and operated by one individual


  2. CorporationSeparate legal entity which forms a board to act as governing bodies


  3. InvestorsGroups of individuals who invest their money in various types of companies in search of making a profit


  4. SecuredSomeone who has business experience and will aid in guiding your company to success


  5. FranchisorA business that leases its trade name and operating system to another person