Types of Business Ownership
Grade Unknown Grade · Career & Technical Education · 45 min
What's Included
Learning Objective
I can identify and describe the four main types of business ownership: sole proprietorship, partnership, corporation, and limited liability company (LLC).
Warm-Up Video
Unknown Channel · 5:00
The Different Types of Business Entities in the U.S.
Practice Questions
5 questions · Short answer
Exit Ticket
Quick comprehension check
“Describe the key characteristics of a limited liability company (LLC) and explain how it differs from a sole proprietorship in terms of liability and management structure. Identify the main advantages and disadvantages of a corporation. Discuss how these factors might influence a business owner's decision to choose this form of ownership over a partnership. ”
Teacher Guide
Get the complete package:
- Answer keys for all questions
- Differentiation strategies
- Extension activities
- Printable student handouts
