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oink oink!
100
An individual who is willing to organize and manage a business in order to make a profit.
What is an entrepreneur?
100
A business owned by one person.
What is a sole proprietorship?
100
A business organization owned by two or more people who share ownership and control over the business.
What is a partnership?
100
Double!! A business organization managed on behalf of its owners, who provide the funds.
What is a corporation?
100
A business undertaking that involves risk.
What is an enterprise?
200
Double!! A business that is independently owned and operated and is not dominant in its field of operation.
What is a small business?
200
A market in which the public buys and sells shares of stock.
What is the stock exchange?
200
A business undertaking in which the business owner is free to produce, buy, and sell in the markets.
What is a free enterprise?
200
A document that states the nature of the business, the initial owners of the stock, and the types of stocks to be sold.
What is a charter?
200
A group of one or more firms that produce identical or similar products.
What is an industry?
300
Corporate policymakers that are elected by the stockholders to operate the corporation.
What is the board of directors?
300
The market in which a firm buys all the stock at an agreed price then resells it to the public through an initial public offering.
What is the primary market?
300
Double!! A report issued by the board of directors once a year for its stockholders containing information about the financial status of the corporation.
What is the annual corporation report?
300
A company's first sale of stock to the public.
What is an IPO?
300
This index displays the scaled average of America’s top 30 companies.
What is the Dow Jones Industrial Average?
400
Double!! A market in which prices rise for months on end.
What is a bull market?
400
An agreement a business makes with a bank to borrow up to a certain amount of money for ongoing cash needs.
What is a line of credit?
400
A company’s, or individual’s assets, liabilities, and net worth on a specific date.
What is a balance sheet?
400
A report that records a company's earnings or loss over a period of time.
What is an income statement?
400
This stock exchange currently lists more than 5,000 mostly small and new companies. There is no trading floor, completely computerized trading.
What is the NASDAQ?
500
Double!! The time at which a bond is repaid?
What is maturity?
500
A form of long-term financing in which the government or a corporation borrows from a creditor and issues an "IOU".
What is a bond?
500
The primary federal regulatory agency for the securities industry, whose responsibility is to promote full disclosure and to protect investors against fraudulent and manipulative practices in the securities markets.
What is the Securities Exchange Commission?
500
The portion of a corporations earnings that are distributed to stockholders.
What are dividends?
500
Anything of monetary value OWED by an individual or company.
What is a liability?
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