Question 5 1 pts is an incorporated form of business that is organized, owned, and democratically controlled by the people who use its products and services. O proprietorship O co-operative O preferred share O partnership O corporation D Question 6 1 pts Many professional organizations, such as law firms and accounting firms, are formed as O public corporations O sole proprietorships. O private corporations O partnerships O joint ventures. Question 7 1 pts Which is the most common source of ideas for a new venture? O Magazines O Brainstorming O Work experiences O Children O Family D Question 8 1 pts Entrepreneurs often have more than one goal for starting a business and becoming self employed. Which of the following reasons is probably the least common goal of entrepreneurs? O To provide for their financial needs O To seek independence and be their own boss O To meet community or social obligations O To grow and expand a current business O To earn a comfortable living for a period of time Which of the following is a private corporation? O Cirque du Soleil Suncor Energy O Bank of Nova Scotia O Manulife Financial Corp. O General Motors Canada