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