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Startng A Business
Sole Proprietorship
Partnership
Corporation
Vocab
100
One of the first things you want to do to start a business.
What is buy a computer?
100
Business owned by one person.
What is sole proprietorship?
100
Business owned by more than one person.
What is partnership?
100
Business that can sell stocks.
What is corporation?
100
Nearly every person who makes the decision to start a business.
What is an entrepeneur?
200
Adding all your wages and the subtracting the total form your receipts.
What is calculating your profit?
200
owner of a business.
What is a proprietor?
200
Type of liability.
What is unlimited?
200
File an Articles of Incorporation.
What is the first step in starting your corporation?
200
Supply of whatever items that are used in a business.
What is inventory?
300
Differnece between what you own and what you owe.
What is net worth?
300
Property
What is proprietor in Latin?
300
Special form of partnership in which partners are not equal.
What is limited partnership?
300
The number of articles in the Articles of Incorporation.
What is 4?
300
The proprietor has complete legal responsibility for all debts and damages brought upon oneself in doing business.
What is unlimited liability?
400
The risk called on how to spend your time.
What is time factor?
400
New businesses.
What is start- ups?
400
A temporary partnership.
What is joint venture?
400
Someone who is at the top of a corporation.
What is stockholder?
400
A contract in which a franchisor sells to another business the right to use its name and sell its products.
What is franchise?
500
Four elements of starting a business.
What are expensises, advertising, receipts/record keeping, and risk?
500
True/False Many community colleges and universities have a federally funded small business development centers.
What is true?
500
One advantage of limited partnership.
What is no liablility?
500
National Associotion of Securities Dealers Automated Quotation.
What is NASDAQ?
500
A license to operate from the state.
What is corporate charter?