Terms.Ch.4
Terms.Ch.4
Terms.Ch.4
Chap.4 & 5
Potpourri
100
the purchase of one corporation by another
What is Merger
100
the shares of ownership of a corporation
What is Stock
100
a person who owns a corporation’s stock
What is Stockholder
100
a corporation organized to provide a social, educational, religious, or other service rather than to earn a profit
What is Not-for-profit Corporation
100
May 27, 2013
What is Memorial Day
200
a business that is owned (and usually operated) by one person
What is Sole Proprietorship
200
a corporation that is taxed as though it were a partnership
What is S-corporation
200
a voluntary association of two or more persons to act as co-owners of a business for profit
What is Partnership
200
a business co-owned by one or more general partners who manage the business and limited partners who invest money in it
What is a Limited Partnership
200
3 Quarters, 2 dimes and 1 nickel
What is $1.00
300
a person who assumes full or shared responsibility for operating a business
What is a General Partner
300
the top governing body of a corporation, the members of which are elected by the stockholders
What is the Board of Directors.
300
a business co-owned by two or more general partners who are liable for everything the business does
What is General Partnership
300
Person or firm that purchases a franchise.
What is Franchisor
300
The kind of cupcake Ms. Macke made for the Superbowl.
What is Red Velvet
400
stock owned by individuals or firms who may vote on corporate matters but whose claims on profit and assets are subordinate to the claims of others
What is Common stock
400
a situation in which the management and board of directors of a firm targeted for acquisition disapprove of the merger
What is a Hostile Takeover
400
the chairman of the board, president, executive vice presidents, corporate secretary, treasurer, and any other top executive appointed by the board of directors
What are corporate officers
400
Government Agency created to help small business.
What is Small Business Association or (SBA)
400
Where Ms. Macke worked while she was in high school
What is Burger King
500
a legal form listing issues to be decided at a stockholders’ meeting and enabling stockholders to transfer their voting rights to some other individual or individuals
What is Proxy
500
a form of business ownership that combines the benefits of a corporation and a partnership while avoiding some of the restrictions and disadvantages of those forms of ownership
What is Limited-liability company (LLC)
500
an artificial person created by law with most of the legal rights of a real person, including the rights to start and operate a business, to buy or sell property, to borrow money, to sue or be sued, and to enter into binding contracts
What is Corporation
500
The form of business organization that comprises about 20 percent of all businesses in the United States is the
What is a CORPORATION.
500
Who Ms. Macke blames for the 49ers losing the Superbowl
Who is RANDY, ITS ALL RANDY'S FAULT!
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