BrickLane Capital Inc recently funded Gorge LLC, a rapidly growing chain of restaurants, in exchange for a 49 percent share of ownership. BrickLane Capital is an example of a(n) _________.
A. commercial bank
B. angel investor
C. credit union
D. venture capital firm
Fill in the blank(s) with correct word
Question 2 - Mercedes-Benz, which is chartered as a corporation in Germany but conducts much of its business in the United States, is known as a(n) ____ in the United States.
A) foreign corporation
B) alien corporation
C) domestic corporation
D) S-corporation
E) private corporation
Question 3 - The debts of a business that will be paid in one year or less are called its
A) current liabilities.
B) expenses.
C) prepaid expenses.
D) current assets.
E) long-term liabilities.
Question 4 - Cindy Jones worked as a welder for BCD Company for ten years before it changed its rigid tuition reimbursement policy. This year, the new education support policy will allow her to take any course that interests her, not just a course in her field of employment. She is very excited about this and has enrolled in two management courses. She has always thought she had the ability to become a good manager. Cindy is attempting to satisfy her ____ needs.
A) esteem
B) self-actualization
C) physiological
D) social
E) safety
Question 5 - When Lucie tells her friends and family about her idea of starting a beauty salon, she does not receive any support and is told that her business would fail. Despite overwhelming negativity, Lucie is certain of her abilities and knowledge on account of her many years of experience in working in a beauty salon. In this case, Lucie displays the entrepreneurial characteristic of _________.
A. uncertainty avoidance
B. energy
C. myopia
D. confidence
Fill in the blank(s) with correct word
Question 6 - Sears Holding Corporation is incorporated in Delaware, but when it operates in Illinois and Texas, it is considered a(n) ____ corporation in those states.
A) domestic
B) foreign
C) alien
D) small
E) mid-sized
Question 7 - Trademarks and goodwill are both
A) current assets.
B) liabilities.
C) sources of revenue.
D) intangible assets.
E) fixed assets.
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