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