Relier Pairs Forms of Business OrganizationVersion en ligne Vocabulary terms par carlos sosa 1 principal 2 limited life 3 Sole Proprietorship 4 unlimited liability 5 interest 6 Bond 7 general partnership 8 common stock 9 partnership 10 inventory 11 dividend 12 stockholders or shareholder 13 stock 14 corporation 15 double taxation 16 charter 17 limited partnership 18 preferred stock 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. 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 check that transfer a portion of the company profits to stockholders, usually quarterly payment made for the use of borrowed money formal contract to repay borrowed money with interest from of corporate ownership without vote, in which stockholders get their investments back before common stockholders situation in which a firm cease to exist when an owner dies, quits, or sells the business. form of business organization recognized by law as a separate legal entity amount borrowed when getting a loan or issuing a bond written government approval to establish a corporation certificate of ownership in a corporation people who own a share of stock in a corporation requirement that an owner is personally and fully responsible for all losses and debts of business stock of finished goods and parts held in reserve taxation of dividends both as corporate profit and as personal income form of partnership where all partners are equally responsible for management and debts
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