工商导论练习题1-2班.doc

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1、ChapterlFormsofBusinessOrganizationMultipleChoice1．Allofthefollowingareconsidereddisadvantagesofsoleproprietorshipsexcept：a)theownerhasunlimitedliabilityb)limitedskillsc)simpletoestablishd)limitedfunds2．In(an)_________partnership,allofthepartnershaveunlimi

2、tedliability，a)unlimitedb)unrestrictedc)generald)nominal3．A_________isabusinessthathasoneowner．a)soleproprietorshipb)partnershipc)corporationd)limitedpartnership4．Whichofthefollowingistheadvantageofasoleproprietorship?a)unlimitedliabilityb)completecontrolc

3、)limitedskillsd)limitedfunds5．Theboardofdirectorsofacorporationiselectedbyitsa)workersb)laborunionc)stockholdersd)creditors6Jimhasanideaforanewbusiness．Hewantstogetstartedassoonaspossiblewithaminimumamountofexpense．Healsowantstobehisownboss，andwantstokeepa

4、lloftheprofitsheexpectstoearnforhimself.ThesegoalssuggestthatJimwouldfavorsettinguphisfirmasa：__.a)publiccorporationb)soleproprietorshipc)limitedliabilitycompanyd)generalpartnership7．Theresponsibilityofappointingthepresidentandotherkeyofficersofacorporatio

5、nbelongstothecorporation’s:a)employeesb)laborunionc)boardofdirectorsd)creditors8Stockholdersofacorporationpaypersonalincometaxesonthe_____theyreceivewhenthecorporationdistributessomeofitseanings.a)interestb)dividendsc)revenued)retainedeamings9.Amajoradvant

6、ageoffranchisearrangementsisthatthey：a)areveryinexpensivetosetupb)a11owthefranchiseetokeepalloftheprofitc)givethefranchiseetotalcontroloverhowthebusinessisrund)offerthefranchiseeaprovenmanagementstyleFillinBlanks：1．Theadvantagesofsolepropnetorshipsaremanyf

7、old．Theyare_______________________,_________________easytokeepoperationalandfinancialsecrecy,_________andexclusiveuseofprofits.2．Besidesadvantages，soleproprietorshipshavesomedisadvantages，suchas_________________,limitedaccesstocapital,_________________andu

8、nsharedloss．3．Peoplewhotakepartinthemanagementofthefirmandthereforetakeunlimited1iabilityareregardedas_______________________.4．Themajordisadvantagesofapartnershipareunlimitedliability_________________，______