BEP 2O Economic Basics Part 2

A marketplace where stocks & bonds are traded _______ .

A business arrangement whereby a license agreement sets out the terms and conditions is

The owner of a cooperative is a

A corporation has __________ liability.

If Mrs. Talbot started a business making candles this would be a _________ business.

A general partnership has ______ liability.

A partnership can have limited liability

A public corporation will mean that shares will be traded [bought & sold] on a stock exchange

Proctor & Gamble originated as a

McCain Foods Group Inc. is part of the ____________ industries.

A legal document that provides the terms & conditions of a business between 2 or more owners is

A corporation is a person

TD Canada Trust is part of the ____________ industries.

A farmer is part of the __________ industries.

A co-operative is

If Mrs. Talbot starts a business tutoring business she is _________

Profits in a corporation belong to the

1-800-GOT-JUNK is a

Mrs. Talbot is a _________ person.

There are different kinds of corporations.

Dividends are when profits are paid to shareholders.

A sole proprietor has limited liability

Limited/unlimited liability refers to the owner's responsibility for the debts of the business

Forms of business ownership means

A co-operative is

The vision & senior management of a corporation are determined by the ___________ .

If Mrs. Talbot started a business buying & selling South African products this would be a business selling ______ .

A sole proprietor has ________ liability.

Monster Inc. would be a ________ person.

The owner of a corporation is a

Dividends have to be declared [announced, decided on] by the

A crown corporation is