Solved

Match Each of the Following Terms with the Appropriate Definition

Question 90

Short Answer

Match each of the following terms with the appropriate definition.Use each term only once.
A.Sole proprietorship
B.Partnership
C.Corporation
D.For-profit company
E.Not-for-profit company

-------------1. A company with the goal of maximizing the owners' wealth
-------------2. An organization that exists to provide goods and services to a target group at a reduced cost or no cost
-------------3. A company owned by two or more individuals
-------------4. This type of organization is taxed twice; first as a business and second when shareholders receive dividends
-------------5. A company with one owner

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents