chapter 2 Business Terms

4. The people that own a share in a company I.E. A person that owns shares
6. A corporation that has less then 50 shares
8. A corporation owned by a federal or municipal government
10. A business owned and operated by one person
11. A business that sells the rights to its name and product so that the franchisee can sell the product.
13. being the only person held responsible if the company fails

1. A business that could be owned by thousands of people. It has the same rights as a person
2. A business that is run from one's on home
3. corporation - A corporation that's goal is not to make money, but rather support a cause
4. The responsibility that a business has to society
5. business A business that has few employees and meets certain size limits
6. a corporation that can have as many shares as it wants
7. A business that is owned and run by two or more people
9. what people believe other people and business should conduct themselves
12. Doing business internationally