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