business

2. two or more firms involved in different stages of producing same good or service
4. company taxed on its profit and shareholders are taxed again
8. combine land, labor, and capital to create a market
11. only one partner is required to be a general partner
14. don't operate for two purposes of generating profit
15. portion of corporate profits paid out to stockholders
16. corporation cannot lose more than what they paid for their stock
17. Money and other valuable belonging to an individual
18. concept that everyone can compete in a market place
19. establishment formed to carry on commercial enterprise
21. :one person assets can be seized to pay business debt

1. combination of two or more firms competing in the same market
3. right to sell a good or service within a market
5. death of an owner ends the business and its must be reestablished in new owner name
6. repay borrowed money or intervals
7. amount of goods available
9. owned/managed by a single individual
10. owned by two or more person
12. legal entity owned by stockholders
13. legal bound obligations to pay debts
20. certificate of ownership in a corporation