Relacionar Columnas Forms of Business OrganizationVersión en línea Vocabulary terms por carlos sosa 1 double taxation 2 inventory 3 general partnership 4 Sole Proprietorship 5 stockholders or shareholder 6 dividend 7 principal 8 corporation 9 limited life 10 unlimited liability 11 charter 12 partnership 13 stock 14 limited partnership 15 preferred stock 16 interest 17 common stock 18 Bond formal contract to repay borrowed money with interest amount borrowed when getting a loan or issuing a bond from of corporate ownership without vote, in which stockholders get their investments back before common stockholders unincorporated business owned and operated by two or more share the profits and responsibility for debts. stock of finished goods and parts held in reserve form of business organization recognized by law as a separate legal entity situation in which a firm cease to exist when an owner dies, quits, or sells the business. form of partnership where one or more partners are not active in the daily running of the business and have limited responsibility for debts written government approval to establish a corporation payment made for the use of borrowed money most frequently used form of corporate ownership, with one vote per share for stockholder people who own a share of stock in a corporation check that transfer a portion of the company profits to stockholders, usually quarterly business owned and run by a single person who has the rights to all profits and unlimited liability for all debts of the firm requirement that an owner is personally and fully responsible for all losses and debts of business taxation of dividends both as corporate profit and as personal income certificate of ownership in a corporation form of partnership where all partners are equally responsible for management and debts