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Business Ownership 2
Corporations and others
| Question | Answer |
|---|---|
| corporation | owned by stockholders |
| charter | certificate of incorporation |
| stockholders | shareholders |
| shares | divisions of ownership |
| dividends | division of profit |
| board of directors | directors or board |
| officers | run the company |
| cooperative | owned by the customers |
| proxy | able to act in another's absence |
| close corporation | closely held corporation |