a sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits
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15
steel manufacturing, oil, railroads, tire manufacturing, grocery store chains, and wireless carriers are examples of
oligopolies
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partial ownership in a company
stock
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A business that ceases to exist if the owner dies, retires, or leaves the business.
Limited life
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This is a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
corporation
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heart
Other team wins 15 points!
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star
Double points!
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rocket
Go to first place!
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thief
Give points!
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15
Mom and Pop Stores, mechanic shops, computer repairs are examples of this type of business
Sole proprietorship
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Chick-Fil-A is an example of this kind of business
Franchise
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This is someone who owns an unincorporated business by himself or herself.
Sole Proprietorship
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This is a disadvantage of starting a business
Limited Funds
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What is a group organized for purposes other than generating profit and in which no part of the organization's income is distributed to its members, directors, or officers
Nonprofit organization
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15
What is an oligopoly?
a market characterized by a small number of firms who realize they are interdependent in their pricing and output policies
