Corporations
Specialized Types of Organizations
Calculations
Partnerships and Proprietorships
Teacher Picks
100
An official document through which a state grants the power to operate as a corporation.
What is a Charter.
100
An agreement among two or more businesses to work together to provide a good or service.
What is Joint Venture.
100
If At&T issues a 2.46 dividend, how much would I receive if I owned 50 shares?
What is $123
100

List 2 Advantages of a sole proprietorship 

1. Owner takes all profit

2. Makes all decisions

3. No red tape

4. Easy to start

100
A type of corporation that is taxed as if it were a sole-proprietorship
What is LLC
200
Ownership is divided into equal parts called...
What are Shares.
200
A business owned and operated by its user-members for the purpose of supplying themselves with goods and services.
What is cooperative
200

What is the current corporate tax rate for all companies

21%

200

List 2 Advantages of a Partnership

1. Pooling skills


2. Increase help in management

3. Goodwill

4. More money

200
A business that does not pay taxes
What is non-profit organization
300
How profits are distributed to stockholders
What is a dividend.
300
A network of companies that form alliances among themselves as needed to take advantage of fast-changing market conditions
What is virtual corporation
300
How much can you be sued for as a partnership or sole proprietorship? 

Unlimited Amount!!

300

List 3 Disadvantages of a Sole Proprietorship 

1. Unlimited Financial Liability

2. Uncertain Life of Business

3. Lack of funds / knowledge.

300
How are corporations taxed twice?
1. Dividends 2. Corporate income taxes
400
Who owns Facebook?
What is The Shareholders
400
The Pennsylvania turnpike authorities are known as
What is Quasi-public corporation
400
What company has the largest Market Cap in the world?
What is Apple
400

List 3 disadvantages of Partnerships 

1. Disagreements 

2. Profits distributed

3. Unlimited Financial Liability 

400

What is the current corporate tax rate?

What is 21%

500

What is Market Capitalziation

How much the company is worth

500

A business structure to limit the liability of a partnershp

LLP

500

Nike is selling at $253 a share. How many shares can I purchase with $1000 after paying 2% commission?

3 shares

500

A limited partner that is not known to the public

Secret Partner

500
What year was Facebook founded?
What is 2004
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