MGT100 - Corporation
Flashcard
•
Fun
•
12th Grade
•
Hard
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8 questions
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1.
FLASHCARD QUESTION
Front
legal entity created by law that has the legal business rights of a person.
Back
Corporation
2.
FLASHCARD QUESTION
Front
piece of ownership in a corporation
Back
stock
3.
FLASHCARD QUESTION
Front
corporation who stock can be bought and sold on a stock exchange
Back
open corporation
4.
FLASHCARD QUESTION
Front
corporation chartered by a foreign gov't and conducted in the U.S.
Back
alien
5.
FLASHCARD QUESTION
Front
stock owned that allows for voting rights
Back
common stock
6.
FLASHCARD QUESTION
Front
top governing body of corporation that is elected by stockholders
Back
board of directors
7.
FLASHCARD QUESTION
Front
Owners of a corporation
Back
stockholders
8.
FLASHCARD QUESTION
Front
A major advantage of a corporation includes; control, limited liability, specialty taxes, ease of formation
Back
limited liability
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