Question 1
Which business structure is owned and operated by one individual?
- Sole proprietorship
- Cooperative
- Corporation
- Partnership
Show the answer
Sole proprietorship
Business · Business
Small Business trivia quiz
Small Business trivia, played live: seven rounds, ten seconds a question. QuizDown has over 120 Small Business questions, from easy to expert, and you’re matched with a real player who gets the same seven.
What the Small Business questions cover
- Franchising
- Microloans
- SBA Lending
- Funding
- Inventory Control
- 8(a) Program
- Accounting Methods
- Business Credit
- Business Structures
- Digital Marketing
- Federal Contracting
- Financial Statements
Try three Small Business questions
Question 2
Which structure generally helps separate an owner's personal assets from business debts?
- Informal club
- Limited liability company
- Sole proprietorship
- General partnership
Show the answer
Limited liability company
Question 3
What nine-digit identifier does the IRS assign to many businesses for tax purposes?
- Driver's license number
- Social Security number
- Employer Identification Number
- Sales receipt number
Show the answer
Employer Identification Number
In a real match you’d have ten seconds for each, and faster right answers score more.
How a Small Business match works
- Seven rounds. The same seven Small Business questions for you and your opponent.
- Ten seconds each. A right answer in two seconds scores 20; at the buzzer, 11.
- The last round counts double. It’s never over until it’s over.
Your Small Business ranking is its own: climb it without your other topics dragging you down.