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All 5 terms

TermDefinition
Corporationis a business that is chartered, or registered, by a state.
C-corporationis the most common corporate form.
Limited liabillityform of business, ownership in which the owners are liable only up to the amount of their individual investmenets.
Subchapter S corporationform of corporation which is taxed like a sole proprietorship of partnership.
Nonprofit corporationare legal entitles that make money for reasons other than the owners' profit.

Set Information

Terms 5
Creator Jasmine16
Created January 15, 2009
Groups None
Subjects None
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