1 What are the advantages of a partnership? What is the difference between a limited Partner and a general partner?

2. What changes have occurred in the labor force over time?

.3 Which business organizations have limited longevity? Which businesses great longevity?
Provide an example of vertical combination, horizontal combination, and conglomerate.
If you invent something and obtain apatent, you wil have what kind of monopoly for 20 years?
What kind of business gives you the features of sole proprietorship and corporation together?

7.
What are the two kinds of pricing that take place in an oligopoly market?

8.
List all of the problems that may occur between unions and a company.

9.
What factors should you consider in selecting a job/career? What is an intrinsic reward?

10. What is collective bargaining? What two groupsis collective bargainingbetween?

11. What is a strike? Why do strikes occur?

12. List and explain the four types o f monopolies.
4. 5. 6.

13. What is the difference between limited liability and unlimited liability? What are the two types of business structures that have limited liability?

14. Who owns a corporation? Why do corporations have limited liability?

15. What is an oligopoly? Why are oligopolies "watched" closely by the government?

16. What is the difference between a horizontal combination and a vertical combination? Why does the government regulate both types of combinations?