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5 Written questions

5 Matching questions

  1. Separate Legal Entity
  2. Equity Capital
  3. Financial Cushion
  4. Copyrights
  5. Franchise
  1. a Protections provided to authors of original work
  2. b The right or license to sell a company's product or service at a designated location
  3. c Money in savings which can pay expenses when income may not be accumulating
  4. d Business which is granted a charter establishing its own rights, privileges and liabilities distinct from those of its members
  5. e Money raised by a business or investor in exchange for a share of ownership of the company

5 Multiple choice questions

  1. 1st period
  2. Partners have an unequal share and liability in the business; they are responsible only for the amount they invested
  3. Guaranteed by collateral; items pledged making sure debt is repaid
  4. Business owned and operated by one individual
  5. Partners share equal liability in the profits and losses of the business

5 True/False questions

  1. LoansAmounts of money borrowed which will accumulate interest


  2. MicrolendingLoans which are in small amounts


  3. PartnershipLegal agreement between two or more people to be responsible for a buisness


  4. Legal EntityLaw which allows a group of people to conduct business as a single unit, for example a group ownership


  5. MentorThe grants of intellectual property rights to the inventor


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