What do we call an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products
franchise
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15
This is a disadvantage of starting a business
Limited Funds
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trap
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seesaw
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rocket
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thief
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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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15
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
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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Amazon is an example of a
corporation
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What is a monopoly?
a situation where there is a single seller in the market
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What is a partnership?
a form of business where two or more people share ownership, as well as the responsibility for managing the company and the income or losses the business genera
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monster
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rocket
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rocket
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banana
Go to last place!
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What do we call the the capital raised by a business or corporation through the issue and subscription of shares
stock
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15
This is someone who owns an unincorporated business by himself or herself.
Sole Proprietorship
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15
What do we call a user- owned and controlled business from which benefits are derived and distributed equita- bly on the basis of use or as a business owned and controlled by the people who use its services
