Relier Pairs Forms of Business OrganizationVersion en ligne Vocabulary terms par carlos sosa 1 dividend 2 Sole Proprietorship 3 charter 4 stockholders or shareholder 5 unlimited liability 6 corporation 7 limited partnership 8 common stock 9 Bond 10 double taxation 11 limited life 12 principal 13 stock 14 partnership 15 preferred stock 16 interest 17 general partnership 18 inventory most frequently used form of corporate ownership, with one vote per share for stockholder certificate of ownership in a corporation form of business organization recognized by law as a separate legal entity payment made for the use of borrowed money requirement that an owner is personally and fully responsible for all losses and debts of business taxation of dividends both as corporate profit and as personal income people who own a share of stock in a corporation check that transfer a portion of the company profits to stockholders, usually quarterly stock of finished goods and parts held in reserve written government approval to establish a corporation 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 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 partnership where all partners are equally responsible for management and debts 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 unincorporated business owned and operated by two or more share the profits and responsibility for debts.
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