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