A business registered by the state and operates apart from its owners

A business with two or more owners

A business with limited liability like a corporation, but pass-through income taxation like a partnership.

An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products.

Can sell its own registered shares to the general public that are traded on stock exchanges. It must adhere to a lot of regulations and reporting standards as per SEC.

It is an organization that uses its surplus of the revenues to further achieve its ultimate objective, rather than distributing its income to the organization's shareholders, leaders, or members.

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Can sell its own, privately held shares to a few willing investors and can be traded by only a few private investors. It doesn't have to follow any regulations issued by SEC.

A form of protection provided by the laws of the United States to the creators of "original works" including literary works, movies, musical works, sound recordings, paintings, photographs, software, live performances, and television or sound broadcasts.

Any name, symbol, figure, letter, word, or mark adopted and used by a manufacturer or merchant in order to designate his or her goods and to distinguish them from those manufactured or sold by others.

The exclusive right granted by a government to an inventor to manufacture, use, or sell an invention for a certain number of years.

What kind of protection would you use for a new invention?

What kind of protection would you use for a book you wrote?

What kind of protection would you use for a logo for your business?

Ethics are standards that govern right and wrong behavior.

A licensed specialist who helps investors buy and sell stocks and bonds.

Shares in the ownership of a corporation.

People who own stock in a corporation.

A fee charged by brokers for their services.

Place where stocks and bonds are regularly bought and sold.

The part of the profits of a corporation that each shareholder receives.

A phrase which means the stock market is going down.

A phrase which means the stock market is going up.

Created by an investment company, which purchases the securities of many corporations by selling shares in the fund.

Governments and corporations commonly use these in order to borrow money.

A good risk reward ratio is anything less than 1 in 3.

Being under obligation to pay or repay someone or something in return for something received.

The profit in goods or money that is made on invested capital.

The time value of money is the concept that money available at the present time is worth more than the identical sum in the future.

A ticker symbol is an arrangement of characters—usually letters—representing particular securities listed on an exchange or otherwise traded publicly.

Things necessary for survival such as food, clothing, and shelter.

The quantity of a product or service that businesses are willing and able to provide at a price.

The problem that faces individuals, businesses, and governments of satisfying unlimited wants with limited resources.

The value of any alternative that you give up when you buy something else or make another choice.

Things not necessary for survival but add comfort and pleasure to our lives.

The quantity of a product or service that consumers are willing and able to buy at a price.

Choose all the items that are human resources.

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Choose all the items that are natural resources.

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Choose all the items that are capital resources.

The social science that studies the production, distribution, and consumption of goods and services; and the transfer of wealth.

Select the first two steps of the Decision-Making Process

Select the last two steps of the Decision-Making Process.

The more _________ you receive; the more money you will likely earn in your career.

What is the best strategy for avoiding credit card interest?

The average price of a gallon of milk increased from $3.00 last year to $3.50 this year. This is most likely due to ________.

What might be one reason why a stock becomes more valuable over time?

If a person has liability insurance, what would they be covered for?

Select the answer that best describes opportunity cost.

Which of the following should NOT be considered when setting a current budget?

This helps you prepare for unexpected expenses.

What should you consider when setting a budget?

Which of the following is NOT a benefit of using a budget?