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