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Pre-Test True False



 This activity contains 5 questions.

Question 1.
Sometimes a business is started when a person loves to do something or make something, and then figures out a way to produce and sell the product or service to others.

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Question 2.
Only a "for-profit" type of organization is classified as a business.

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Question 3.
A "sole proprietorship" is a type of business owned by two or more people.

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Question 4.
A corporation’s income is only taxed once.

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Question 5.
Something of value that a business or individual owns is called an asset.

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