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Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
        Help!  

Question
Answer
one that is independently owned and operated for profit and is not dominant in its field   show
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show Business plan  
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show Small business administration (SBA)  
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a group of retired businesspeople who volunteer their services to small businesses through the SBA   show
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groups of senior and graduate students in business administration who provide management counseling to small businesses   show
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show Small-business development centers (SBDCs)  
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money that is invested in small ( and sometimes struggling) firms that have the potential to become very successful   show
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show Small-business investment companies (SBICs)  
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a license to operate an individually owned business as though it were part of a chain of outlets or stores   show
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show Franchising  
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an individual or organization granting a franchise   show
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a person or organization purchasing a franchise   show
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show Sole Proprietorship  
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A legal concept that holds a business owner personally responsible for all debts of the business.   show
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A voluntary association of two or more persons to act as co-owners of a business for profit.   show
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A person who assumes full or shared responsibility for operating a business.   show
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show General Partnership  
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A person who contributes capital to a business but has no management responsibility or liability for losses beyond the amount he or she invested in the partnership.   show
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show Limited Partnership  
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show Master limited Partnership  
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show Corporation  
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The shares of ownership of a corporation.   show
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show Stockholder  
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show Closed Corporation  
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A corporation whose stock can be bought and sold by a individual.   show
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show Domestic Corporation  
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show Foreign Corporation  
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show Alien Corporation  
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Stock owned by individuals or firms who may vote on cooperate matters but whose claims on profit and assets are subordinate to the claims of others.   show
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show Preferred Stock  
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show Dividend  
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show Proxy  
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The top governing body of a corporation, the members of which are elected by stockholders.   show
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show Corporate Officers  
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show Limited Liability  
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A corporation that is taxed as though it were a partnership.   show
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A form of business ownership that combines the benefits of a corporation and a partnership while avoiding some of the restrictions and disadvantages of those forms of ownership.   show
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A corporation owned and operated by a local, state, or federal government.   show
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show Not-For-Profit Corporation  
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An association of individuals or firms whose purpose is to perform some business functions for its members.   show
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show Joint Venture  
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A temporary association of individuals or firms organized to perform a specific task that requires a large amount of capital.   show
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show Merger  
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A situation in which the management and board of directors of a firm targeted for acquisition disapprove of the merger.   show
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show Tender Offer  
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A technique used to gather enough stockholder votes to control a targeted company.   show
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show Leveraged Buyout  
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