Chapter 8 - TEST

nonprofit service cooperative that accepts deposits, makes loans, and provides other financial services

• credit union
• limited life
• general partnership
• common stock
• preferred stock

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

• common stock
• limited life
• general partnership
• preferred stock
• horizontal merger

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

• labor union
• limited life
• general partnership
• common stock
• preferred stock

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

• preferred stock
• limited life
• general partnership
• common stock
• horizontal merger

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

• limited life
• general partnership
• common stock
• preferred stock
• horizontal merger

all partners are equally responsible for management and debts

• general partnership
• limited life
• common stock
• preferred stock
• horizontal merger

using social networking to appeal to potential investors

• crowdfunding
• limited life
• general partnership
• common stock
• preferred stock

combination of firms producing the same kind of product

• horizontal merger
• limited life
• general partnership
• common stock
• preferred stock

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

• incubator
• limited life
• general partnership
• common stock
• preferred stock

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

• venture capitalist
• limited life
• general partnership
• common stock
• preferred stock