Question

can you answer these questions

What role does a fast-food corporation play when it agrees to franchise its business? Check all that apply.

supply training
license a trademark
select a location
pay associated fees
supply advertising
collect most profits

Which are examples of sole proprietorships? Check all that apply.

lawyers working for a corporation
doctors in a partnership
independent workers
franchise restaurants in a partnership
tax preparer working his own business
freelance writers

A disadvantage of forming a partnership is that owners

can find it tougher to start and stop a business.
can find it more difficult to get a bank loan.
are only responsible for their own finances.
are fully responsible for their partners' losses.

How do corporations raise money and resources to expand? Select THREE answers.

They request a bank loan.
They raise franchise fees.
They cash in dividends.
They agree to sell stocks.
They issue bonds.

What happens to earnings in a cooperative?

They are used to pay middlemen for services.
They are shared with member owners.
They are used to buy more stock for members.
They are shared with customers through dividends.

Answer 1

Here are the correct choices for each question:

1) Role of a fast-food corporation when it franchises its business (check all that apply):
- supply training
- license a trademark
- supply advertising

2) Examples of sole proprietorships (check all that apply):
- independent workers
- tax preparer working his own business
- freelance writers

3) A disadvantage of forming a partnership is that owners:
- are fully responsible for their partners' losses.

4) How do corporations raise money and resources to expand? (Select THREE)
- They request a bank loan.
- They agree to sell stocks.
- They issue bonds.

5) What happens to earnings in a cooperative?
- They are shared with member owners.