| AB | |
| business organization | |
| In which service organization go the owner have actually all the responsibility? | Sole Proprietorship |
| This is someone that starts their very own business. You are watching: Portion of corporate profits paid to stockholders | Entrepreneur |
| These are laws in a city the designate particular areas to be because that residential and others because that business. | Zoning Laws |
| What wake up to a single proprietorship if the owner overcome away and also no one is left to take over? | It fails and goes under |
| What are organization organizations owned by 2 or an ext people? | partnerships |
| This type of cooperation is wherein all partners share financial obligation equally. | General Partnership |
| This partnership is where just one human has complete financial responsibility and the various other partners just invest your money. | Limited Partnership |
| In a minimal partnership exactly how many people in the partnership have unlimited personal liability? | One-the general partner |
| What room the benefits of a partnership? | Easy start up, gaue won Impact, shared Decision Making |
| What should all partnerships have actually that spells out the guidelines and also rules for the for sure or company? | Articles the Partnership |
| What are the disadvantages of a partnership? | unlimited liability, an individual conflict, absence of performance |
| This is a semi-independent firm that payment royalties to a parental company | Franchise |
| : a legitimate entity, or being, own by individual stockholders, every of who has limited liability because that the this firm debts | corporation |
| This is a certificate of ownership in a corporation | Stock |
| Type of coporation, group that uses stock to just a few member, aka: family. See more: How Many Calories Are In A 32 Oz Coke 32 Oz, Carbs In Drinks Fountain Diet Coke 32 Oz | Closed corporation |
| Corporation that sells stock on the open market | Public Corporation |
| What space the advantages of stockholders? | Limited liability, carry out Flexibility |
| a formal contract authorize by a copy, group or various other entity that contains a promise to repay obtained money v interest at fixed intervals | bond |
| This is a license to form a corporation issued by the state government | certificate of incorporation |
| : the part of corporate earnings paid out to stockholders | dividend |
| a form of company with restricted liability for the owners, through the benefit of no paying corporate | Limited liability corporation |
| This is the mix of 2 firms competing in the same sector with the same good or service | horizontal merger |
| This is two or an ext firms connected in various stages of creating the same great or service. | Vertical Merger |
| a business mix merging an ext than three businesses that develop unrelated assets or services | Conglomerate |
| a big corporation that produces and sells that goods and also services in an ext than one country | Multinational corporation |
| A business organization owned and operated by a team of people for their common benefit | cooperative organizations |
| What is a benefit of a cooperative organization? | They don't need to pay taxes |
| Retail outlet owned and also operated by consumer that sells merchandise come members at decreased prices | consumer co-ops |
| What is an instance of a organization co-op? | Credit Unions |
| Agricultural marketing to aid members sell their products | Producer Co-ops |
| What walk a producer co-op enable farmers to do? | farm fairly than sell |
| Operates like a business but go not work-related for the objective of generating profit | Non-Profit Organization |
| What space non-profit organizations exempt from? | Income Tax |
| What are instances of non-profit organizations | Professional organizations, Business and also trade associations, labor unions |
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