MATCHING
Complete the following using the terms listed.
-The governing body of a corporation is called a _____.
A)sole proprietorship
B)small business
C)C corporation
D)merger
E)acquisition
F)horizontal merger
G)conglomerate merger
H)microloan
I)vertical merger
J)joint venture
K)board of directors
L)stockholder
M)preferred stock
N)Small Business Administration (SBA)

Question

Quizplus · Accepted Answer

The governing body of a corporation is called the board of directors.

Answer: C
 C corporation is a type of business structure that is owned by shareholders and governed by a board of directors.

Answer: L
 A stockholder is a person or entity that owns shares or stocks in a corporation.

Answer: M
 Preferred stock is a type of stock that gives shareholders priority over common shareholders in terms of dividends and assets in the event of liquidation.

Answer: N
 Small Business Administration (SBA) is a U.S. government agency that provides support for small businesses, including loans, counseling, and education.

Answer: H
 A microloan is a small loan given to entrepreneurs and small business owners by the SBA or other lenders, typically less than $50,000.

MATCHING Complete the Following Using the Terms Listed