Semester 2 Exam Review- Principles of Business Management

The most common form of business organization is the

In which type of partnership is the liability of a partner limited to the amount of the partner's investment?

An official document giving power to run a corporation is a

An agreement among two or more businesses to work together to provide a good or service is called a

A written agreement between two or more people identifying how they will add capital, labor or other assets and divide any profits or share any losses in their business is called a

A general term that refers to the movement of information from one location to another electronically is

Original facts and figures that businesses generate.

The primary reason businesses keep financial records is to

Movement of cash into and out of a business is known as

A business that is planning to introduce a new product will need a