Matching Pairs Forms of Business OrganizationOnline version Vocabulary terms by carlos sosa 1 preferred stock 2 charter 3 inventory 4 partnership 5 corporation 6 general partnership 7 principal 8 stockholders or shareholder 9 limited life 10 Sole Proprietorship 11 common stock 12 Bond 13 interest 14 double taxation 15 limited partnership 16 stock 17 dividend 18 unlimited liability taxation of dividends both as corporate profit and as personal income form of partnership where one or more partners are not active in the daily running of the business and have limited responsibility for debts form of business organization recognized by law as a separate legal entity form of partnership where all partners are equally responsible for management and debts requirement that an owner is personally and fully responsible for all losses and debts of business 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 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 payment made for the use of borrowed money amount borrowed when getting a loan or issuing a bond 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. check that transfer a portion of the company profits to stockholders, usually quarterly most frequently used form of corporate ownership, with one vote per share for stockholder formal contract to repay borrowed money with interest unincorporated business owned and operated by two or more share the profits and responsibility for debts. certificate of ownership in a corporation
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