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Chapter 14

QuestionAnswer
Payments from the profits of companies in which a person owns stock. Dividend
A document from the government saying your business can become a corporation. Charter
An individual or business that specializes in bringing together buyers and sellers of stock. Stockbroker
When workers refuse to work unless employers meet certain demands. Strike
A member of a brokerage house who completes a customer's buy or sell order on the floor on a stock exchange. Floorbroker
A broker on an exchange who trades in certain stocks at a specific location on the trading floor. Specialist
A person who starts a business. Entrepreneur
A business owned my an individual. Sole Proprietorship
A business that is seperate from the people that own it and legally acts as a single person. Corporation
Shares in ownership of a corporation. Stock
Refuse to buy Boycott
The process by which representatives of the unions and business try to reach agreement about wages and working conditions. Collective Bargaining
Organizations of workers that seek to improve wages and working conditions and to protect members' rights. Labor Union
Not responsible for everything. Limited Liability
Responsible for everything. Unlimited Liability
Will only be in business for a certain time. Limited Life
Created by: mmize
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