Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Don't know
Know
remaining cards
Save
0:01
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards
share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Unit 2

Business ownership and law

QuestionAnswer
a legal process that allows selling assets to pay off debts Bankruptcy
a written description of the business and its operation with an analysis of the opportunities and risks it faces Business plan
an official document granted by a state giving power to run a corporation Charter
a business owned and operated by its user-members for the purpose of supplying themselves with goods or services Cooperative
similar to a patent that the federal government gives an author the sole right to reproduce, publish, and sell literary or artistic work for the life of the author plus 70 years Copyright
a business owned by a group of people and authorized by the state in which it is located to act as though it were a single person Corporation
those to whom money is owed Creditors
profits distributed to stockholders on a per-share basis Dividends
a sales tax that applies only to selected goods and services, such as gasoline Excise tax
a tax levied against the profits of business firms and against earning of individuals Income tax
business operations and transactions that cross over state lines interstate commerce
a way to limit and control those who plan to enter certain types of business licensing
a business owned by two or more persons Partnership
an agreement in which the federal government gives an inventor the sole right for 20 years to make,use, and sell an invention Patent
a tax levied on material goods owned Property tax
a written authorized for someone to vote on behalf of the person signing the proxy Proxy
a tax levied on the retail price of goods and services at the time they are sold sales tax
equal parts of the division of ownership of a corporation shares
a business owned and managed by one person sole proprietorship
owners of corporation stockholder
a distinguishing name, symbol, or special mark places on a goods or service that is legally reserved for the sole use of the owner trademark
Created by: racheledwards