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Business Organizations for Paralegals

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
owner of a sole proprietorship.   Sole proprietor  
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liability extending beyond what is invested in a business to an individual's personal assests. (also called unlimited liability)   Personal liability  
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money used to form and operate a business or other venture.   Capital  
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a name that must be registered with state or local officials because it does not disclose the surname of the business owner.   Fictitious name  
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"Doing business as"; another name for a fictitious business name statement   DBA  
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Record filed with public officials to identify the owner of a business operating under a name other than the owner's surname.   Fictitious business name statement  
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a retirement plan for sole proprietors.   Keogh Plan  
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Created by: dawnbryant
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