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Video Quiz
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Chapter 5 Video

1
When Troy Smith started Sonic, the company was organized as a:
A)limited partnership
B)franchise
C)sole proprietorship
D)corporation
E)merger
2
Individual Sonic outlets are owned by individual entrepreneurs. These entrepreneurs are Sonic:
A)franchisors
B)regulators
C)corporate owners
D)franchisees
E)partners
3
Each Sonic Drive-In is its own separate legal entity organized as a:
A)sole proprietorship
B)S corporation
C)limited partnership
D)conventional corporation
E)cooperative







Nickels: Undstd Business 9eOnline Learning Center

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