Chapter 1 Types of Businesses Unit 3
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12th Grade
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4 Slides • 19 Questions
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______________ is a restriction on the amount of money that owners can lose if the firm goes bankrupt
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A _______________ is a business owned by shareholders with limited liability but whose shares cannot be sold to the public
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A _____________ is an incorporated business that allows the public to buy and sell shares on a stock exchange
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Multiple Choice
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__________ refers to a business that is owned by the shareholders. A certificate of incorporation gives the company a separate legal identity from its owners.
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Multiple Choice
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___________ are revenue-generating businesses with an altruistic mission - and any profits are used to support this mission.
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________ are for-profit enterprises set up, owned and operated by employees, workers or producers.
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__________ are non-profit social enterprises that provide voluntary support for good causes
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Multiple Choice
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Multiple Choice
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