ANSWER IF YOU ONLY KNOW:
Match the following words to there definition:
1. Partnership A. A business that is owned by one individual.
2. Stock B. A claim on the assets of a corporation that gives the
purchaser a share of the ownership of the corporation.
3. Limited Liability C. The condition in which the owner of a business firm can
only lose the amount invested by him or her.
4. Sole Proprietorship D. A business that is owned by two or more co-owners who
share any profits the business earns and who are
responsible for any debts.
