Relier Pairs Forms of Business OrganizationVersion en ligne Vocabulary terms par carlos sosa 1 double taxation 2 unlimited liability 3 common stock 4 general partnership 5 preferred stock 6 interest 7 stockholders or shareholder 8 stock 9 corporation 10 Bond 11 limited partnership 12 inventory 13 dividend 14 partnership 15 limited life 16 charter 17 Sole Proprietorship 18 principal stock of finished goods and parts held in reserve formal contract to repay borrowed money with interest form of business organization recognized by law as a separate legal entity business owned and run by a single person who has the rights to all profits and unlimited liability for all debts of the firm situation in which a firm cease to exist when an owner dies, quits, or sells the business. check that transfer a portion of the company profits to stockholders, usually quarterly certificate of ownership in a corporation people who own a share of stock in a corporation form of partnership where one or more partners are not active in the daily running of the business and have limited responsibility for debts unincorporated business owned and operated by two or more share the profits and responsibility for debts. payment made for the use of borrowed money form of partnership where all partners are equally responsible for management and debts most frequently used form of corporate ownership, with one vote per share for stockholder taxation of dividends both as corporate profit and as personal income from of corporate ownership without vote, in which stockholders get their investments back before common stockholders amount borrowed when getting a loan or issuing a bond written government approval to establish a corporation requirement that an owner is personally and fully responsible for all losses and debts of business
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