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