Understanding Ownership and...
Section 3.3 Quiz

1 .       Corporations generate about _____ percent of all sales revenues. 

 
 
 
 


2 .       Partnerships, like sole proprietorships, lack 

 
 
 
 


3 .       A sole proprietorship depends primarily on the resources of 

 
 
 
 


4 .       An S-corporation has stock that is widely held and available for sale to the general public. 

 
 


5 .       In a master limited partnership, the master partner must own at least 50 percent of the business. 

 
 






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