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Chapter 10 - Advanced

Horizontales
A business in which two or more persons combine their assets
An organization with the legal rights of a person which many persons or corporations may own
A class of stock that gives preferred shareholders preference over common stockholders In dividends along with other rights
The taxation of earnings to the corporation and to the stockholders when they receive dividends
Stock that does not give stockholders any special preferences
A legal document that Identifies basic characteristics of a corporation which Is a part of the application submitted to a state to become a corporation
No-par-value stock that Is assigned a value by a corporation
A business owned by one person
Verticales
A group of persons elected by the stockholders to govern a corporation
A share of stock that has a par value
The ability of a security to be traded for a specified number of shares of another security
Written evidence of the number of shares that each stockholder owns in a corporation
A share of stock that has no authorized value printed on the stock certificate
The owner of one or more shares of stock
A value assigned to a share of stock and printed on the stock certificate
The legal right for a business to conduct operations as a corporation