<?xml version="1.0"?>
<Data xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <Questions>
    <Question>
      <Info>_____ is a planned human activity with a purpose. </Info>
      <link />
      <Answers>
        <Answer>
          <Info>enterprise</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>Partnership </Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>business enterprise</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
        <Answer>
          <Info>Sole Proprietorship</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>______ is a voluntary thought out activity. </Info>
      <link />
      <Answers>
        <Answer>
          <Info>Enterprise</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
        <Answer>
          <Info>Partnership </Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>Business enterprise</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>Sole Proprietorship</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>This enables the enterprise to have the funds to finance the production of more goods and support the continuing provision of services.</Info>
      <link />
      <Answers>
        <Answer>
          <Info>asset</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>capital </Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>cost</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>profit</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>When a person applies himself to do a service, that service is the ______that was not there before.</Info>
      <link />
      <Answers>
        <Answer>
          <Info>added value</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
        <Answer>
          <Info>cost </Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>profit</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>purpose</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>The purpose of a business enterprise is to produce: </Info>
      <link />
      <Answers>
        <Answer>
          <Info>customers </Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>goods </Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>services</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>goods and services</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>This form of business enterprise is owned by one person. </Info>
      <link />
      <Answers>
        <Answer>
          <Info>Corporation</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>Enterprise</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>Partnership</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>Sole Proprietorship</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>_____ are the individual owners of a business enterprise. </Info>
      <link />
      <Answers>
        <Answer>
          <Info>incorporators</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>partners</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>presidents</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>shareholders</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>A _______ has a separate legal personality separate from the individual owners. </Info>
      <link />
      <Answers>
        <Answer>
          <Info>corporation </Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
        <Answer>
          <Info>business enterprise </Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>Partnership</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>Sole Proprietorship</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>These have capital stock divided into shares.</Info>
      <link />
      <Answers>
        <Answer>
          <Info>corporations</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>stock corporations</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
        <Answer>
          <Info>non-stock corporations</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>corporations and non-stock corporations</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>Belle works at home as a freelance writer. She is: </Info>
      <link />
      <Answers>
        <Answer>
          <Info>an incorporator</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>a partner</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>a shareholder</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>a sole proprietor</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
  </Questions>
</Data>