Matching
Match the term and the definition.Not all definitions will be used.
Premises:
No-par value stock
LLC
Corporation
Cumulative dividend preference
Income investment (stock)
Sole proprietorship
Current dividend preference
Growth investment (stock)
Par value
Partnership
Responses:
The nominal value per share of stock set by the company's charter.
When preferred shareholders are paid dividends before other shareholders.
Stock of companies that tend to reinvest earnings to provide for greater future sales and profits.
An unincorporated business that is owned by a single individual.
An unincorporated business owned by two or more individuals.
A company that has a separate legal identity from its owners.
A company that issues stock on one of the major stock exchanges.
A stock that is currently selling for its original issue price.
Shares that have no specified legal value per share in the corporate charter.
When shareholders prefer to receive dividends at the end of the year rather than each quarter.
A company that is like a partnership in nature except that it has limited liability.
When companies are obligated to pay preferred shareholders past dividends not yet distributed before paying dividends to owners of common shares.
Stock of companies that tend to pay relatively high dividends compared to the stock price.
Correct Answer:
Premises:
Responses:
The nominal value per share of stock set by the company's charter.
When preferred shareholders are paid dividends before other shareholders.
Stock of companies that tend to reinvest earnings to provide for greater future sales and profits.
An unincorporated business that is owned by a single individual.
An unincorporated business owned by two or more individuals.
A company that has a separate legal identity from its owners.
A company that issues stock on one of the major stock exchanges.
A stock that is currently selling for its original issue price.
Shares that have no specified legal value per share in the corporate charter.
When shareholders prefer to receive dividends at the end of the year rather than each quarter.
A company that is like a partnership in nature except that it has limited liability.
When companies are obligated to pay preferred shareholders past dividends not yet distributed before paying dividends to owners of common shares.
Stock of companies that tend to pay relatively high dividends compared to the stock price.
Premises:
The nominal value per share of stock set by the company's charter.
When preferred shareholders are paid dividends before other shareholders.
Stock of companies that tend to reinvest earnings to provide for greater future sales and profits.
An unincorporated business that is owned by a single individual.
An unincorporated business owned by two or more individuals.
A company that has a separate legal identity from its owners.
A company that issues stock on one of the major stock exchanges.
A stock that is currently selling for its original issue price.
Shares that have no specified legal value per share in the corporate charter.
When shareholders prefer to receive dividends at the end of the year rather than each quarter.
A company that is like a partnership in nature except that it has limited liability.
When companies are obligated to pay preferred shareholders past dividends not yet distributed before paying dividends to owners of common shares.
Stock of companies that tend to pay relatively high dividends compared to the stock price.
Responses:
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