What is a business owned and run by a single person who has the rights to all profits and unlimited liability for all debts of the firm; most common form of business organization in the U.S.?
100
Commodification of Resources
What is the process of taking nature and its resources and turning them into products for sale?
100
Stockholders or Shareholders
What are people who own a share or shares of stock in a corporation?
100
Limited Liability
What is the corporation itself, not its owners, is fully responsible for its financial obligations? What is an advantage of a corporation?
100
sustainability
What is the quality of not being harmful to the environment or depleting natural resources, and therefore supporting long-term ecological balance?
200
General Partnership
What is a type of partnership in which all partners are responsible for management and financial obligations of the business?
200
American Slavery
The Sexual Trafficking of Women into Western Europe
What are examples of the commodification of resources?
200
Dividend
What is a check that transfers a portion of company profits to stockholders, usually quarterly?
200
Double taxation
What is taxation of dividends both as corporate profit and as personal income? What is a disadvantage of a corporation?
200
Japan
What is the country in which you never write on a business card or shove the card into your back pocket when you are with the giver?
300
Unlimited Liability
What is the requirement that an owner is personally and fully responsible for all losses and debts of the businesses? What is a disadvantage of sole proprietorships?
300
True
What is two-thirds of the world’s population will not have access to fresh drinking water by 2025?
300
Charter
What is written government approval to establish a corporation?
300
Unlimited Life
What is a corporation continues to exist even when ownership changes? What is an advantage of a corporation?
300
Chanel
What is the luxury brand for which Brad Pitt made an in-understandable commercial?
400
Limited Partnership
What is a type of partnership in which at least one partner is not active in the daily running of the business?
400
Water crisis
What is a situation where the available potable, unpolluted water within a region is less than that region's demand?
400
Common stock
What is the most frequently used form of corporate ownership, with one vote per share for stockholders?
400
True
What is corporations account for one-fifth of the businesses in the U.S., but they are responsible for a majority of all sales?
400
Inventory
What is stock of finished goods and parts held in reserve?
500
Limited Life
What is a situation in which a firm ceases to exist when an owner quits, dies, or sells the business? What is a disadvantage of a sole proprietorship?
500
Water scarcity
What is understood as the lack of access to adequate quantities of water for human and environmental uses?
500
Preferred Stock
What is a form of corporate ownership without a vote, in which stockholders get their investments back before common stockholders?
500
Public Corporation
What is a corporation in which anyone can purchase stock and own part of the company?