1/29/2021 Q1 PERFORMANCE TASK 5: Attempt review

Home / My courses / BAED-ECON2122-2022S / Week 9: Principles, Tools, and Techniques / Q1 PERFORMANCE TASK 5

Started on Friday, 29 January 2021, 10:51 PM

State Finished
Completed on Friday, 29 January 2021, 10:52 PM
Time taken 51 secs
Grade 5.00 out of 5.00 (100%)

Question 1
Correct

Mark 1.00 out of 1.00

A form of business organization that is authorized to act as a legal entity regardless of the number of owners. 

Select one:
a. Distributor

b. Proprietorship

c. Corporation 

d. Partnership

Question 2
Correct

Mark 1.00 out of 1.00

What type of business structure is owned by many people?

Select one:
a. Sole Proprietorship

b. Corporation 

c. Partnership

https://shs.amaesonline.com/2022/mod/quiz/review.php?attempt=783242&cmid=2587 1/3
1/29/2021 Q1 PERFORMANCE TASK 5: Attempt review

Question 3
Correct

Mark 1.00 out of 1.00

What kind of business is BEST described by these statements?

I am the only owner of my business. 

I take all the risks of doing business. 
I keep all the profits. 

Select one:
a. Partnership

b. Sole Propreitorship 

c. Cooperative

d. Corporation

Question 4
Correct

Mark 1.00 out of 1.00

What type of business consists of two or more people?

Select one:
a. Partnership 

b. Franchise

c. Sole Proprietorship

d. Corporation

Question 5
Correct

Mark 1.00 out of 1.00

A person who takes a risk to produce goods and services in search of profit 

Select one:
a. Entrepreneur 

b. Magistrate

c. Profiteer

d. Baliff

https://shs.amaesonline.com/2022/mod/quiz/review.php?attempt=783242&cmid=2587 2/3
1/29/2021 Q1 PERFORMANCE TASK 5: Attempt review

◄ Principles, Tools, and Technique Video

Jump to...

VIRTUAL CLASS - WEEK 9 - JAN. 19, 2021 - 3PM ►

https://shs.amaesonline.com/2022/mod/quiz/review.php?attempt=783242&cmid=2587 3/3