Chapter 8 Business Organization Review

A ____________ is a nonprofit service cooperative that accepts deposits, makes loans, and provides other financial services

• labor union

• corporation

• credit union

• venture capitalist

_______________ is a form of corporate ownership giving one vote per share for stockholders

• Crowdfunding

• General partnership

• Limited life

• Common stock

A _______________ is a organization that works for its members' interests concerning pay, working hours, health coverage, fringe benefits, and other job-related matters

• labor union

• general partnership

• credit union

• incubator

______________ is a form of stock without vote, in which stockholders get their investments back before common stockholders do

• Crowdfunding

• Preferred Stock

• Venture capitalist

• Labor union

____________ is a situation in which a firm legally ceases to exist when an owner dies or quits, or when a new owner is added

• Horizontal merger

• General partnership

• Limited partnership

• Limited life

In a ________________ all partners are equally responsible for management and debts

• horizontal merger

• incubator

• general partnership

• credit union

_________________ is a way to use social networking to appeal to potential investors

• Venture capitalist

• Horizontal merger

• Incubator

• Crowdfunding

A __________________ is a combination of firms producing the same kind of product

• general partnership

• horizontal merger

• labor union

• credit union

An _____________ is a place where entrepreneurs can receive the training to build a successful start-up business

• venture capitalist

• labor union

• incubator

• credit union

A ____________ is a lender of investment funds to a start-up business in exchange for partial ownership of the business

• venture capitalist

• limited life

• preferred stock

• general partnership