Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

Username is available taken
show password


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
remaining cards
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:
restart all cards
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

Chap. 22

Sole Proprietorship A business owned and operated by a single person
Financial Capital Money used to buy the tools and equipment used in production
Partnership A business owned by two or more people
Articles of Partnership Formal legal papers specifying the arrangement between partners
Corporation A type of business organization owned by many people but treated by law as though it were a person
Charter A government document granting permission to organize a corporation
Stock An ownership share of a corporation
Stockholder An individual who has invested in a corporation and owns some of its stock
Board of Directors People elected by the shareholders of a corporation to act on their behalf
Cooperative A voluntary association of people formed to carry on some kind of economic activity that will benefit its members
Labor Union An association of workers organized to improve wages and working conditions
Right-to-Work Law State laws forbidding unions from forcing workers to join
Collective Bargaining A process in which unions and employers negotiate the conditions of employment
Mediation A situation in which union and company officials bring in a third party to try to help them reach an agreement
Arbitration A situation in which union and company officials submit the issues they cannot agree on to a third party for a final decision
Strike When workers deliberately stop working in order to force an employer to give in their demands
Boycott The refusal to purchase certain goods
Transparency A process of making business deals more visible to everyone
Discrimination The unfair treatment based on prejudice against a certain group
Social Responsibility The obligation a business has to pursue goals that benefit society as well as themselves
Created by: abdieldeleon