Other questions in this quiz

2. can excessive loss force a business to leave the industry

  • yes
  • no

3. true or false is exchange the giving up of something for something else in return

  • true
  • false

4. in a patnership is ther limited liability or unlimited liability

  • unlimited( they are responsible for all debt)
  • limited ( partners are not reasonable for all or most of the debt)

5. this term means the surplus after all the costs of a business in a particular period have been deducted from total sales

  • producer
  • economy
  • profit
  • loss
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