PAKI SAGOT PO NG MAAYOS AT DAPAT MAY ALAM ANG SASAGOT SA TOPIC NA ITO. KUNG HINDI NYO ALAM ANG SAGOT WAG NA SUMAGOT. MARAMING SALAMAT.

11. Which is not true of a corporation?
A. The life of a corporation has no limit.
B. The business does not have any independent legal status.
C. The business operates even without any real oversight from the owners.
D. Corporation files taxes separately from its owners.

12. All of these are advantages of a partnership, except:
A. there is sharing of burden.
B. the partners both own and control the business.
C. there is better decision-making because two heads decide.
D. it has lower start-up cost.

13. Which is not a nature of business?
A. It aims to earn profits.
B. There are four forms of business organization.
C. It is an active process.
D. It involves significant operations such as buying, assembling, etc.

14. Which is not a role of a corporation?
A. Corporation provides benefits such as connections with suppliers, etc.
B. Corporation makes massive quantities of goods.
C. Corporation hires huge number of workers.
D. Corporation finds it difficult to raise capital.

15. The following are the advantages of a sole proprietorship, except:
A. there could be difficulty in raising capital.
B. tax preparation is a lot faster.
C. the sole proprietor can pass the business down to his/her heir.
D. handling money for the business is easier.

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