1. In financing, the business owner borrows money as a loan that must be repaid.
(a) debt 

(b) equity
(c) partnership 

(d) limited

2. If you start a small business and want to avoid losing any more than the original investment, what form of ownership is best?
(a) sole proprietorship
(b) general partnership
(c) limited partnership
(d) corporation

3. The first element in a good business plan is.
(a) an industry analysis
(b) a marketing strategy
(c) an executive summary
(d) a set of performance milestones

4. Trends in U.S. small businesses show.
(a) a growing number owned by minorities
(b) fewer small businesses using the Internet
(c) large businesses creating more jobs
(d) fewer small businesses family owned