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Quiz about Trumps Business Troubles
Quiz about Trumps Business Troubles

Trump's Business Troubles Trivia Quiz


Donald Trump was elected the 45th President of the United States on 8 November 2016. Before this, he was famous as a successful businessman. However, not all of his business ventures were successful. What do you know about just some of these failures?

A multiple-choice quiz by Shadowmyst2004. Estimated time: 5 mins.
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Time
5 mins
Type
Multiple Choice
Quiz #
384,535
Updated
Dec 03 21
# Qns
10
Difficulty
Average
Avg Score
6 / 10
Plays
408
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Question 1 of 10
1. Prior to winning the presidency, Donald Trump attempted to go into the beverage business on at least four separate occasions. Which was the only beverage on the market in 2016? Hint


Question 2 of 10
2. "Trump: The Game" failed not once, but twice.


Question 3 of 10
3. What was the name of the United States Football League team that Donald Trump bought in 1983? Hint


Question 4 of 10
4. Donald Trump owned a magazine that went out of print in 2009. It had three different names during its brief existence. What was NOT one of the titles? Hint


Question 5 of 10
5. Trump Steaks earned more than $50 million dollars in the first year they were sold, but quickly went out of business after they were found to not be real beef.


Question 6 of 10
6. Donald Trump partnered with Travelocity to start an online travel agency booking site in 2006. What was the name of the website? Hint


Question 7 of 10
7. While the company never officially sold anything, what type of service was Trumpnet supposed to provide according to the trademark filed in 1990? Hint


Question 8 of 10
8. Branded as "Trump University" what was the official name of the school he was associated with? Hint


Question 9 of 10
9. What airline did Donald Trump buy and rebrand as the Trump Shuttle in the late 1980s? Hint


Question 10 of 10
10. One of Donald Trump's most famous failures was with the Trump Taj Mahal and other casinos. From 1991 to 2008 how many times did the company that ran the casinos file for bankruptcy? Hint



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Quiz Answer Key and Fun Facts
1. Prior to winning the presidency, Donald Trump attempted to go into the beverage business on at least four separate occasions. Which was the only beverage on the market in 2016?

Answer: Trump Ice

In 2015 Trump turned a slight profit on the sales of Trump Ice,
; the other three beverages had been long out of business.

Trump Fire and Trump Power both never made it to market. Patents were filed in 2004, and abandoned by 2006. Trump's American Pale Ale went out of business in 2007.
2. "Trump: The Game" failed not once, but twice.

Answer: True

The game, originally released in 1988 by Milton Bradley, sold fewer than 800,000 copies in over two years on the market. This was despite Donald Trump guaranteeing a 2 million unit order.

14 years later Hasbro tried to re-release the game after Trump rejoined the American zeitgeist with "The Apprentice". That game too sold very few copies and was off the market within a year.
3. What was the name of the United States Football League team that Donald Trump bought in 1983?

Answer: New Jersey Generals

Trump bought the team after the inaugural USFL season. The league at the time played in the spring, and didn't compete with the NFL. He immediately started trying to push the other owners into moving to the fall, which they agreed to do for the 1986 season. After the 1985 championship game the league folded, along with all of its member teams.
4. Donald Trump owned a magazine that went out of print in 2009. It had three different names during its brief existence. What was NOT one of the titles?

Answer: Ivanka

The magazine was known as "Trump Magazine" from 2007 to its closure in 2009. Prior to that it was known as "Trump Style" and "Trump World" from 1998 through 2006.

In its early days the magazine was distributed for free in hotel rooms owned by Trump's companies. Once the magazine, released quarterly, was sold on news stands it never gained a following. It had less than 100,000 paid subscribers at its peak.
5. Trump Steaks earned more than $50 million dollars in the first year they were sold, but quickly went out of business after they were found to not be real beef.

Answer: False

The steaks were just rebranded Buckhead Beef steaks. Trump went into business with them under the name "Trump Steaks" as part of a deal struck when he filed bankruptcy on another of his businesses.

The CEO of Buckhead at the time, Jerry Levin, said they sold less than $50,000 worth of steaks in the two months they were on the shelves.
6. Donald Trump partnered with Travelocity to start an online travel agency booking site in 2006. What was the name of the website?

Answer: GoTrump.com

The website ran as a travel booking site from 2006-07, but Trump maintained ownership of the URL. During his campaign for office the site directed back to official campaign site.
7. While the company never officially sold anything, what type of service was Trumpnet supposed to provide according to the trademark filed in 1990?

Answer: Telephone communications

The official trademark said the company would provide "corporate telephone communication services".

That was filed in 1990, by 1992 the company let the trademark go, without ever making a single cent of profit.
8. Branded as "Trump University" what was the official name of the school he was associated with?

Answer: Trump Entrepreneur Initiative

The Trump Entrepreneur Initiative was supposed to be a school that taught students real estate tips and tricks that were the same used by Donald Trump himself.

Instead students were charged up to $34,995 for little to no instruction. The school hired uneducated people, sometimes with criminal backgrounds to speak at seminars and provided little else according to multiple lawsuits filed against Trump and the school.

On Nov. 18, 2016 Trump settled several lawsuits for $25 million, which avoided a trial.
9. What airline did Donald Trump buy and rebrand as the Trump Shuttle in the late 1980s?

Answer: Eastern Air Shuttle

Trump took about nearly $300 million in loans in 1988, and eventually bought out the planes and air routes from Eastern Air, for their shuttle between New York, Boston, Washington D.C. and Newark New Jersey in 1989.

By 1991 Trump was unable to make the monthly interest payments on the debt and let the company go to its creditors. American Airlines eventually bought out the company.
10. One of Donald Trump's most famous failures was with the Trump Taj Mahal and other casinos. From 1991 to 2008 how many times did the company that ran the casinos file for bankruptcy?

Answer: 3

Following the third bankruptcy on the casino properties, including the Trump Taj Mahal, Trump Marina, Trump Plaza and a riverboat casino in Indiana, Donald Trump was forced to step down at the Chief Executive Officer for Trump Entertainment Resorts.

The bankruptcy was brought on when the company missed a payment on a $53.1 million bond.
Source: Author Shadowmyst2004

This quiz was reviewed by FunTrivia editor stedman before going online.
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