Group of individuals who make high-level management decisions for a business that establish company policies

Written contract that established a business with 2 or more individual owners

Portion of a corporation's earnings distributed to stockholders

share of ownership in a corporation

Form of business ownership that combines the benefits of a corporation with those of proprietorship and partnerships.

Business that buys products from wholesalers or directly from producers, and sells them to consumers to make a profit.

Business that earns profits by providing consumers with services that meet their needs and wants.

Business or person that takes natural resoures from the land.

Business that uses supplies from other producers to make products

an advantage when starting a sole proprietorship

Which type of business is not easy to start?

Advantage of a corporation

Which of these type of business are easy to transfer ownership

disadvantage of a partnership

when going into a partnership you must do the following

All of these are rules of an LLC (limited liability corporation) except

The customer of a service business is often called a

advantage of a proprietorship

The three types of customer that businesses serve include all except

A proprietorship is a business owned by how many people

In a partnership if one of the partners dies - what happens?

The owner of a proprietorship is called

Which type of these businesses are double taxed?

In a partnership if one partner causes a huge loss to the business, who is responsible?

CEO stands for

Which of these types of business do not have limited life

LLC stands for

A cooperative is owned by

This type of corporation is restricted to no more than 100 shareholders.

This type of ownership has many government regulations

This type of corporation must have all shareholders be US citizens or residents.