Name applied to the shares of ownership of a corporation
What is capital stock
100
Companies use the sale of shares to increase
What is capital
100
The official document through which a state grants the power to operate a corporation
What is charter
100
An agreement among two or more businesses to work together to provide a a good or service.
What is joint venture
200
The top executives hired to manage a business.
What is officers
200
Written authorization for someone to vote in behalf of the person signing this
What is proxy
200
Corporations are subject to more than smaller businesses
What is taxation
200
Profits that are distributed to stockholders on a per-share basis
What is dividends
200
A business owned and operated by its user-members for the purpose of supplying themselves with goods and services
What is cooperative
300
The ruling body of a corporation
What is board of directors
300
A corporation that does not offer its shares of stock for public sale
What is close corporation
300
Stockholder may sell or transfer stock to another person
What is ease of ownership
300
a special type of corporate tax status that offers liability protection but allows taxation like partnership, avoiding double taxation
What is Subchapter S corporation
300
A network of companies that form alliances among themselves to take advantage of fast-changing market conditions
What is virtual corporation
400
Equal parts of ownership
What is shares
400
A corporation that offers its shares of stock for public sale.
What is open corporation
400
Letters sent to individuals about the corporations matters, meetings and the right to vote on important matters
What is stockholders records
400
Special type of corporation allowed by states that is taxed as if it were a sole proprietorship or partnership
What is limited liability company
400
An organization that does not pay taxes and doesn't exist to make a profit
What is non profit
500
is 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
A formal summary of the chief features of the business and its stock offering.
What is prospectus
500
Are when a company is only allowed to engage in activities listed on its charter
What is charter restrictions
500
If a corporation wants to enter into a different business it must
What is change it charter
500
Business that is important to society but lacks the profit potential to attract private investors is often operated by local, state, or federal government.