M2D - Vocab Words 1-10

Type of ownership where each limited partner is only liable for debt up to the amount they have invested in the business.

• Limited Partnership

• General Partnership

• Liabilty

• Equity

Type of ownership where each partner has unlimited liability.

• Franchise

• Limited Partnership

• General Partnership

• Franchisor

The owner of the parent company that grants the rights to use their name and products.

• Franchisee

• Franchise

• Limited Partnership

• Franchisor

The owner of a franchise.

• Franchisee

• Franchisor

• Franchise

• Entrepreneur

An agreement with a company to use their name and sell their products in a given area.

• Franchisor

• Franchisee

• Franchise

• General Partnership

Individuals who create, start and manage new businesses.

• Enterpreneur

• Franchisor

• Equity

• Liability

A face-to-face meeting with a potential employer in which they ask questions about you and your work experience.

• Job Interview

• Job Application

• Equity

• Liability

A form to gather information about potential employees. Typical information may include: name, address, education, previous experience, special training and references.

• Job Interview

• Franchisee

• Franchisor

• Job Application

An individual’s value as a stockholder within a company.

• Equity

• Liability

• Job Interview

• Limited Partnership

All the money that is owed to others by the business.

• Job Application

• Equity

• Limited Partnership

• Liability