BUSINESS TITLING QUIZ
Business Titling Knowledge Quiz
Test your knowledge on how to properly title various types of businesses and their ownership structures. This quiz covers essential concepts related to business titles that every entrepreneur should know.
- Learn about non-individual business titles
- Understand the implications of different business ownership structures
- Explore common acronyms and their meanings
WHICH OF THE FOLLIOWING BUSINESS ARE TITLED UNDER "NON-INDIVIDUAL?"
LLC
PARTNERSHIP
SOLE PROP
CORPORATION
HOW WOULD YOU TITLE THIS BUSINESS AND OWNER? "SAUL'S SWEET SHOPPE LLC" SAUL AGUIRRE OWNER
SAULS SWEET SHOPPE LLC = NON INDIVIDUAL SAUL AGUIRRE SIGNER
SAULS SWEET SHOPPE LLC = SOL SAUL AGUIRRE SIG
SAULS SWEET SHOP LLC = DBA SAUL AGUIRRE = SIG
NOBODY WOULD EVER EAT THERE BECAUSE SAUL CAN'T COOK
THE NORTH BM PARTNERSHIP, WITH BRAD BOSWELL, DAN BADDLEY SHOULD BE TITLED AS... " THE NORTH BM PARTNERSHIP = NIN BRAD BOSWELL SIG, DAN BADDLEY SIG
True
False
HOW SHOULD TOM CRUISE SOLE PROP BE TITLED?
TOM CRUISE SOL TOM CRUISE SIG
TOM CRUISE SOL
TOM CRUISE DBA TOM CRUISE SOL
TOM CRUISE NIN TOM CRUISE SIG
A BUSINESS THAT ENDS IN INC IS A CORPORATION
True
False
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