Types of businesses
Two people own and run the business together.
Partnership
What you get after a order at a store
Receipt
What is the purpose of the Federal government?
Oversee activities in the united states.
Gives people job opportunity.
Hires Workers.
Serve and protect citizens from crime.
Police
Owned by one person
Sole prioship
What you get from the bank and half to pay back over time.
a loan
What is the purpose of our state government?
Regulate business activities in their own state.
buys things from private businesses.
Purchases goods and services.
Put out fires and stop disasters.
Fire department
Franchise
your contract on rent were you promise to stay for that long.
lease
Local government services?
Police, Fire department.
get money for projects that need done
Raises money
Go toy areas in need of help after disaster.
Red cross.
One big company with many owners.
Corporation
when your sighing with a team when you agree on a pay or amount of time your staying.
Signing contract
Control transactions in more than one state.
Interstate Commerce
get money to fix roads and improve cities.
Taxes
Give you your licence and passports
BMV.
they are help completely accountable.
Limited Liability Company
Your promise to not work against a business or to stay a certain amount of time.
Loyalty Contract.
Transactions involving companies in one state.
Intrastate Commerce.
helps businesses when they run out of funds.
bail outs
Protect our country from outside forces and protect our freedom.
The United States Military.