Choosing a Form of a business Crossword

Partnership/ A voluntary associations of 2 or more people to act as co
Board of Directors/ the top governing body of a corporation the members of which are elected by the
Stock/ shares of ownership of a
Stockholders/ A person who owns a corporation's
Closed Corporation/ A corporation whose stock is owned by relativity few people and not sold to the general
Open Corporation/ A corporation whose stock can be bought and sold by any
Limited Liability/ A feature of corporate ownership that limits each owners financial liability to the amount of money he or she has paid for company
Limited Liability Company/ A form of business ownership that combines the benefits of a
Not-For-Profit Corporation/ A corporation organized to provide a social, educational, religious or other service to earn a
Hostile Takeover/ A situation in which the management and board of directors of a firm targeted for acquisition that has been disapproved the
General Partner/ A person who assumes full or shared responsibility for an operating
Corporation/ An artificial person created by law with most of the legal rights of a real
Alien Corporation/ A corporation chartered by a foreign government and conducting business in the
Corporate Officers/ Chairman of the board, president, executive vice president, corporate security treasurer, and any other top executive appointed by the board of
Joint Venture/ An agreement between 2 or more groups to form a business in order to achieve a specific goal to operate for a specific period of
Merger/ Combining 2 businesses or corporation to form 1
Foregin Corporation/ A corporation in any state in which it does business except the one in which it is
Sole Proprietorship/ A business that is owned and is usually operated by 1
Unlimited Liability/ A legal concept that holds business owner personally responsible for the debts of the
Domestic Corporation/ A corporation in the state in which is
Common Stock/ Stock owned by individuals or firms who may vote on corporate
Preferred Stock/ Stock owned by individuals of firms who usually DO NOT vote on corporate
Dividend/ A distribution of earnings to the stockholders of a
Proxy/ A legal form listing issues to be decided at a stockholders
S Corporation/ A corporation that is taxed through its
Leveraged Buyout/Financing that uses borrowed money to pay for a company that is being taken
Limited Partner/ a person who invests money in a business but has no management responsibility or liability for losses beyond the amount he or she invested in the