QUESTION 17 Because of unlimited liability, it is easy for sole proprietors to borrow large sums of money True O False QUESTION 18 Because there are two or more people in a general partnership, bankers, suppliers, and other creditors are not concerned about unlimited liability. True O False QUESTION 19 Profit is not the main concern of government-owned corporations True O False QUESTION 20 The incidence of innovation among small business workers is significantly higher than that among workers in large businesses. True False QUESTION 21 Choose the term that best fits the statement. (Use each term only once.) v The form of business ownership often creates conflicts. A Trade restrictions lined the United States with its first and second larpest trading B. Corporation Click Save and Submit to save and submit. Click Save All Answers to see all answers. e in tedy eduwebapps/assecamente launch piose, med 1175176 course id = 1006057 1 content Id45127011 Psword Attempted truba d 2101 797057 Remaining Time: 1 hour, 27 minutes, 55 seconds. Question Completion Status QUESTION 21 Choose the term that best fits the statement. Use cach term only oncej The form of business ownership often creates conflicts. A Trade restrictions B. Corporation The joined the United States with its first and second largest trading partners. Canada and Mexico. limit choices for consumers but have not effect on the prices charged for the products North American Trade Agreement balance of Trade is an artificial entity created by law. F. World Trade Organization Powerful successor to GATT that incorporates trade in goods, services, and ideas. The model of social responsibility that business should emphasize not only profits but H. Socio Economic Model also the impact of its decisions on society. Lis independently owned, operated for proft, and non dominanti is field Anontax measure imposed by a government to favor domestic over for en suppliers Kalier is known as unlimited liability A corporation chartered by a foreign government and conducting business in the Msole proprietorship United States is known as an) A legal concept that holds a business owner personally responsible for all the debts of N. the business is called O. foreign corporation QUESTION 22 Glenn owns and operates a large hardware store in Missouri that employs about fifty people. He delegates some of the decision making to two managers, but he remains the only owner. Glenn's business is organized as a QUESTION 23 het houted.cuny.edwebappasses / launch e d 1751 de 1000097 tentId=45177011 wordtempted treword92101 Remaining Time: 1 hour, 27 minutes, 50 seconds. Question Completion Status QUESTION 22 Glenn owns and operates a large hardware store in Missouri that employs about titty people. He delegates some of the decision making to two managers, but he remains the only owner Glenn's business or canced as a QUESTION 23 Sears is incorporated in New York but when it operates in Illinois and Texas, it is considered corporation in those states. QUESTION 24 phase, high unemployment rates decline and levels of QUESTION 25 The fact that insulin and power steering both originated with individual inventors and small companies is testimony to the power of small businesses as providers of QUESTION 26 By ensuring that products are safe and reliable, the Food and Drug Administration and the Consumer Product Safety Commission are taking part in a movement known as
