This will create a temporary monopoly on a newly invented good
What is patent
100
The value of property determined by tax officals
What is assessed valuation
100
Wal-Mart is an example of this type of business
What is corporation
200
Owners of a corporation
What is Stockholder
200
A tax levied on the retail price of goods and services at the time they are sold
What is Sales tax
200
Business operations and transactions that cross over state lines
What is Interstate commerce
200
Equal parts of the division of ownership of a corporation
What is Shares
200
A tax levied on material goods owned
What is Property tax
300
Similar to a patent in that the federal government gives an author the sole right to reproduce, publish, and sell literary or artistic work for the life of the author plus 70 years
What is Copyright
300
A legal process that allows selling assets to pay off debts
What is Bankruptcy
300
A way to limit and control those who plan to enter certain types of businesses
What is Licensing
300
Profits distributed to stockholders on a per-share basis
What is Dividends
300
An official document granted by a state giving power to run a corporation
What is Charter
400
A distinguishing name, symbol, or special mark placed on a good or service that is legally reserved for the sole use of the owner
What is Trademark
400
A business owned and managed by one person
What is Sole proprietorship
400
A written description of the business and its operations with an analysis of the opportunities and risks it faces
What is Business plan
400
A sales tax that applies only to selected goods and services, such as gasoline
What is Excise tax
400
A business owned by a group of people and authorized by the state in which it is located to act as though it were a single person
What is Corporation
500
An agreement in which the federal government gives an inventor the sole right for 20 years to make, use, and sell an invention
What is Patent
500
A tax levied against the profits of business firms and against earning of individuals
What is Income tax
500
Business transacted within a state
What is Intrastate commerce
500
A written authorization for someone to vote on behalf of the person signing the proxy
What is Proxy
500
A business owned and operated by its user-members for the purpose of supplying themselves with goods and services