Businesses in which two or more people share the responsibilities, costs, profits, and losses are known as...

A type of business that is recognized as a separate legal entity is called a...

Corporations raise money by selling...

A ____________________ provides goods and services without seeking to earn a profit.

Corporate profits paid to stockholders are called...

_____________________elect the directors within a corporation.

Stockholders get _______ vote for every share of stock they own.

Corporations raise money by selling stocks, but can also issue bonds to raise additional money

Non-profit organization are not taxed by the government and they are not allowed to make political contributions.

The four factors of production are labor, entrepreneurship, ____________, and _____________.

All workers are paid an hourly wage.

Office equipment is a form of capital.

The amount of work produced by a worker in an hour is called...

Entrepreneurs are responsible for the start up of a business, but are not held responsible if the business fails.

A natural resource is considered a factor in production only when some payment is necessary for its use.

The government regulates...

Finding a good location for your business is which of the four factors of production.

Increased labor usually means increased profits.

A greenhouse would have to consider sunlight as a factor in production.