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Forms of Businesses Flashcards | StudBud
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Forms of Businesses
Forms of Businesses
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StudBud Administration
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Key Terms in Business Organization
Flashcards
9 cards
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Questions
9
Answers
1
A business organization whose owners are called stockholders.
Corporation
Public Corporation
Partnership
Sole Propietorship
2
When owners cannot lose more than the value of his or her share in a business, this is called..
a loss
a profit
limited liability
limited responsibility
3
What is the money used to start or expand a business?
Capital
Profit
Partnership
Public Corporation
4
A business owner responsible for any losses is
said to be ....
Unlucky
A Limited Liability
A Public Corporation
Personally Liable
5
What is a business owned by one person?
Sole Proprietorship
Corporation
Partnership
Public Corporation
6
A business where anyone can purchase stock...
Public Corporation
Sole Proprietorship
Corporation
Partnership
7
The owners of a corporation are called....
Corparateers
Shareholders
CEOs
Partners
8
A business owned by a group of people who share the profits and are personally liable.
Partnership
Corporation
Public Corporation
Sole Proprietorship
9
The money left after all expenses have been paid is called...
Shares of Stock
Profit
Capital
Extra
