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5 Written questions

5 Matching questions

  1. Financial Cushion
  2. Equity Capital
  3. Franchisor
  4. Microlending
  5. Partnership
  1. a Legal agreement between two or more people to be responsible for a buisness
  2. b Money in savings which can pay expenses when income may not be accumulating
  3. c Money raised by a business or investor in exchange for a share of ownership of the company
  4. d A business that leases its trade name and operating system to another person
  5. e Loans which are in small amounts

5 Multiple choice questions

  1. Partners have an unequal share and liability in the business; they are responsible only for the amount they invested
  2. Someone who has business experience and will aid in guiding your company to success
  3. Individual or groups that own a business and its legal entities
  4. Groups of individuals who invest their money in various types of companies in search of making a profit
  5. Separate legal entity which forms a board to act as governing bodies

5 True/False questions

  1. FranchiseeThe right or license to sell a company's product or service at a designated location

          

  2. LoansAmounts of money borrowed which will accumulate interest

          

  3. PatentsAmounts of money borrowed which will accumulate interest

          

  4. SecuredGuaranteed by collateral; items pledged making sure debt is repaid

          

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