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Chapter 14
Question | Answer |
---|---|
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 |