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ECON 5.1 - 5.3

Full Name:
Period:
Horizontales
Semi-independent business that pays fees to a parent company.
A business organization owned by two or more persons who agree on a specific division of responsibilities and profits.
Partnership agreement and the details therein.
A formal contract issued by a corporation or other entity that includes the promise to repay borrowed money with interest at fixed intervals.
The legal obligation to pay debts.
Money, and other valuables.
Verticales
A certificate of ownership in a corporation.
Business owned and managed by a single individual.
Designated areas or zones for residential use and for businesses.
Payments to employees other than wages or salaries such as paid vacation, retirement, etc.
Authorizes from local government to operate a business.
A legal entity, or being, owned by individual stockholders, each of whom has limited liability for the firm's debts.
Fees charged for the right to use a company name or commodities.
The profits shared among stockholders.