Econ Vocab Ch 8

2. issues stock that can be publicly traded (use a dash for a space).
3. a business that licenses the right to sell its products in a particular area.
4. part of a corporation's profit that is paid out to stockholders.
7. an enterprise that produces goods or provides services to make a profit (use a dash for a space).
8. a business co-owned by two or more individuals who agree on how responsibilities, profits, and losses of the business are divided.
10. a business operated for the shared benefit of the owners.
11. controls who can buy or sell its stock (use a dash for a space).

1. a semi-independent business that buys the right to run a franchise.
5. a business composed of several companies each producing something different goods or services
6. a business organization owned and controlled by one person (use a dash for a space).
7. a contract issued by a corporation that promises to repay borrowed money, plus interest, on a fixed schedule.
9. a share of ownership in a corporation.