Buisness organization

6. happens to corporation when the company is taxed on its profits and they are shareholders are taxed again on dividends they earned from the company
8. death of an owner ends the business and its must be reestablished in the new owners names
9. ambitious leader who combines land, labor, and capital to create and make new goods and services
10. business owned and managed by a single individual
13. one personal asset can be seized to pay business debts
14. combination of two or more firms involved in different stages of producing same goods and services
17. to be at fault either financially or legally
18. of two or more firms competing in same market with the same goods or services
20. someone that make a good
21. certificate of ownership in a company which entitles the shareholder to vote for the corporation

1. concepts that everyone cm complete in market place
2. establishment formed to carry on commercial enterprise
3. institutions that functions much like a business doesn't operate for the porpoise of generation profits
4. money and other valuables belonging to an individual or business
5. amount of goods available
7. portion of corporate profit paid to stockholders
8. of corporations cannot lose more that what they paid for their stocks if the end corporation fails
11. right to sell a good or service an exclusive market
12. partnership in which all partners are limited
15. legal entity owned by individual stockholders
16. business organization owned by two or more people who agrees on a specific dividend of responsibility's and profits
19. contract to repay borrowed money often issued by a company, can issue financial security for debt