A corporation that is chartered in another country

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Reference no: EM132270632

Match the form of business organization with its definition

A business organization in which two or more persons agree to operate - as co-owners - a business activity for profit.

A corporation that is chartered in a state and which is doing business in that state.

The simplest form of business. The owner is the business.

A type of partnership in which 1) one or more persons manage the business and are liable to the full extent of their personal assets, and 2) in which one or more partners contribute only assets - but do not participate in management.

A business organization which is a legal entity and which is formed in compliance with the laws of a state.

A corporation that is formed by the government to meet a government purpose.

A small corporation (fewer than 100 shareholders) that is not subject to double taxation.

A stock corporation whose shares are held by a relatively few persons, frequently members of the same family.

A corporation that is doing business in a state, but which is chartered in another state.

A business organization that is a hybrid of the corporation and the partnership. It is taxed as a partnership but offers the limited liability of a corporation.

Word bank

Close Corporation

Public Corporation

Sole Proprietorship

Limited Liability Company

Limited Partnership

Corporation

Alien Corporation

Foreign Corporation

Partnership

Domestic Corporation

S Corporation

Reference no: EM132270632

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