a Dashboard -.learn.minnstate.edu : 6 Quiz - Chapter 6 Forms of Organizations .3000 Time Left20226101 Travis Joseph: Attempt 1 A __________________ generally contributes cash or property to the business and i 3 } shares in the profits and losses but provides no services and has no vote in matters - l of management. 6 Ci Proprietorships l: i Partnerships 9 0 Joint Ventures i \"i Limited Partners Question 4 (2 points) A special form of partnership called a 77777777777777777777 is essentially the combined efforts of two or more construction firms to build a project Joint Venture Limited Partners Corporation Question 5 (2 points) A W" ,,,,,,,,,,, is an entity created by law in which one or more individuals IEDQfE'QIIu Quiz - Chapter 6 Forms of Organizations Time Left:0:25:46 Travis Joseph: Attempt 1 True False Question 9 (2 points) A partnership pays income tax and is considered a separate legal entity apart from the individual owners. True False Question 10 (2 points) In a partnership arrangement, each partner is an agent of the partnership and has the power to enter into binding contracts in the name of the partnership. True False Submit Quiz 2 of 10 questions saved F12 F4 F5 F7 F8 F10 F11 Fn F6 F9 Lock $ A & K 6 8 9 4 5 O E R T Y U D F G H K C B N MDashboard .minnstate.edu Quiz Chapter 6 Forms of Organizations 3 Time Left:0:25:55 Travis Joseph: Attempt 1 Question 5 (2 points) A __________________ is an entity created by law in which one or more individuals form one body or unit under a special name. i ' Proprietorship \\' l Holding Company l Partnership Corporation Question 6 (2 points) Saved The owners of a corporation are called 7 Partners 6) Stockholders Agents Board of Directors Question 7 (2 points) Time Left:0:25:SO Travis Joseph: Attempt 1 Question 7 (2 points) panies that it can prescribe, through its hose other companies. (7 i Proprietorship c Partnership Corporation Holding Company Question 8 (2 points) in the eyes of the government, a corporation is an artificial tax paying person; therefore the government does not tax profits of ti 1e corporation. True False Question 9 (2 points) A partnership pays income tax and is Considered a separate iegai entity apart from Quiz - Chapter 6 Forms of Organizations lime Lt'lt10126106 Travis Joseph: Attempt 1 Question 1 (2 points) Sill/ml Firms owned by an individual and are taxed at the individuals rate are i Proprietorships Corporations '1. i Partnerships Limited Partners Question 2 (2 points) A ,,,, is an association of two or more persons who come together to carry on a business. Each person will have the authority and can act on behalf of the organization and each of the other people, Partnerships Corporation Limited Partners Proprietorships Question 3 (2 points) EEDIQQUI