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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 12 - 14.

Multiple Choice Questions

1. What does Evan find out he needs to sell lemonade at his chosen location in Chapter 7?
(a) At least two other people selling for him.
(b) A permit.
(c) A bigger sign.
(d) To sell is cups for at least $3 dollars a piece.

2. Define "competition" from Chapter 5?
(a) Rivalry in the marketplace.
(b) Two parties who come together to help each other.
(c) Rivalry among many corporate businesses.
(d) Two parties who want the same thing.

3. At the end of the book, why is Jessie sorry?
(a) She is sorry for ruining Evan's lemonade.
(b) She is sorry for trying to hang out with his friends.
(c) She is sorry for being a brat.
(d) She is sorry for stealing his money.

4. What did Jessie break when her father left?
(a) A pearl necklace.
(b) A ceramic heart.
(c) A picture frame of the two of them.
(d) A piggy bank.

5. What type of management is it when a business' methods and procedures are failing?
(a) Crash.
(b) Economical.
(c) Crisis.
(d) Corporate.

Short Answer Questions

1. Why does Evan think that Jessie will embarrass him in school?

2. What do Jessie and Megan decide to do with their earnings from franchising?

3. What will happen if neither Evan or Jessie makes the goal amount for their bet?

4. Why does Evan say he does not want to go to the 7-Eleven with Jessie?

5. What is "profit margin"?

(see the answer key)

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