Welcome to the final quiz of the course! Let’s verify what you’ve learned about business structures in BC and see if you can answer each question correctly. You must answer each question correctly to be able to finish the course.
Final Quiz
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Question 1 of 5
1. Question
Match each characteristic with its corresponding business structure by dragging and dropping the elements onto the table below. Each characteristic will have only one correct location.
Sort elements
- Corporation
- Sole Proprietorship
- General Partnership
- Sole Proprietorship and General Partnership
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Highest level of regulation
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A one-person business directly linked to the owner
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Two or more owners, with no legal separation between business and owners
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No name protection
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Question 2 of 5
2. Question
Drag and drop the business structures to match each characteristic below. Each description will have only one correct answer.
Sort elements
- Sole Proprietorship
- Corporation
- Society
- Sole Proprietorship and General Partnership
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Equivalent to self-employment
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Affords name protection and some legal protection
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Structure designed for non-for-profits and charities
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Does not require legal documents to create
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Question 3 of 5
3. Question
When registering a corporation, professional legal help is needed… (choose the correct answer below):
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Question 4 of 5
4. Question
Read the following statements carefully and identify the statement about sole proprietorships that is completely true.
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Question 5 of 5
5. Question
I want to create an organization that is dedicated towards social benefit and doesn’t aim to accrue financial gains. Which business structure should I choose?
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