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Related Flashcards
Related Topics
Cards In This Set
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Propritorship
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A buisness owned and run by 1 person
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Unlimited liability
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Owner is responsible 4 everything debts ect.
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Corporation
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A form of buisness organization reconized by law as a seperate legal entity having all the rights of an individual
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Charter
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Government document that gives permission 2 creat a corporation
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Dividend
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Check represent a portion of the corporation earnings
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Bond
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Written promise 2 repay the amount borrowed at a later date
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Principle
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The amount borrowed in the bond
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Interest
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Price paid 4 the use of another's money
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Double taxtation
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Stockholders dividens are taxed
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Stock
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Ownership certificates in the firm
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Stockholders
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Stock sold to inverstors
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