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Understanding Business #2

カード 25枚 作成者: JS star (作成日: 2013/11/29)

  • Sole Proprietorship

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教材の説明:

This sets is to understand business framework and general terms.

公開範囲:

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言語:

  • カード表 : 英語
  • カード裏 : 英語
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  • 1

    Sole Proprietorship

    補足(例文と訳など)

    答え

    • A business that is owned, and usually managed, by one person.

    解説

  • 2

    Convential (C) Corporation

    補足(例文と訳など)

    答え

    • State-chartered legal entity with authority to act and have liability separate from its owners.

    解説

  • 3

    Limited Partnership

    補足(例文と訳など)

    答え

    • A partnership with on or more general partners and one or more limited partners.

    解説

  • 4

    Merger

    補足(例文と訳など)

    答え

    • Result of 2 firms forming 1 company.

    解説

  • 5

    Franchisee

    補足(例文と訳など)

    答え

    • Person who buys a franchise.

    解説

  • 6

    Vertical Merger

    補足(例文と訳など)

    答え

    • Joining of 2 companies involved in different stages of related businesses.

    解説

  • 7

    Acquisition

    補足(例文と訳など)

    答え

    • 1 company's purchase of property and obligations of another company.

    解説

  • 8

    Franchise Agreement

    補足(例文と訳など)

    答え

    • Agreement whereby someone with a good idea for a business sells the rights to use the business name and sell a product or service to others in a given territory.

    解説

  • 9

    General Partnership

    補足(例文と訳など)

    答え

    • A partnership in which all owners share in operating the business and in assuming liability for the business's debts.

    解説

  • 10

    Partnership

    補足(例文と訳など)

    答え

    • A legal form of business with two or more owners.

    解説

  • 11

    Franchisor

    補足(例文と訳など)

    答え

    • Company that develops a product concept and sells others the rights to make and sell the products.

    解説

  • 12

    Limited Liability

    補足(例文と訳など)

    答え

    • Responsibility of a business's owners for losses only up to the amount they invest; (limited partners and shareholders)

    解説

  • 13

    Conglomerate Merger

    補足(例文と訳など)

    答え

    • Joining of firms in completely unrelated industries.

    解説

  • 14

    Limited Liability Partnership (LLP)

    補足(例文と訳など)

    答え

    • Partnership that limits partners' risk of losing their personal assets to only their own acts and omissions and to the acts and omissions of people under their supervision.

    解説

  • 15

    Horizontal Merger

    補足(例文と訳など)

    答え

    • Joining of 2 firms in same industry.

    解説

  • 16

    Unlimited Liability

    補足(例文と訳など)

    答え

    • Responsibility of business owners for all of the debts of the business.

    解説

  • 17

    General Partner

    補足(例文と訳など)

    答え

    • An owner/partner who has unlimited liability and is active in managing the firm.

    解説

  • 18

    Corporation

    補足(例文と訳など)

    答え

    • A legal entity with authority to act and have liability separate from its owners.

    解説

  • 19

    Limited Partner

    補足(例文と訳など)

    答え

    • An owner who invests money in the business but doesn't have any management responsibility or liability for losses beyond investment.

    解説

  • 20

    S Corporation

    補足(例文と訳など)

    答え

    • Unique government creation that looks like a corporation but is taxed like sole proprietorships and partnerships.

    解説

  • 21

    Master Limited Partnership (MLP)

    補足(例文と訳など)

    答え

    • A partnership that looks much like a corporation (in that it acts like a corporation and is traded on a stock exchange) but is taxed like a partnership and thus avoids the corporate income tax.

    解説

  • 22

    Franchise

    補足(例文と訳など)

    答え

    • Right to use a specific business's name and sell its products or services in a given territory.

    解説

  • 23

    Leveraged Buyout (LBO)

    補足(例文と訳など)

    答え

    • An attempt by employees, management, or a group of investors, to purchase an organization primarily through borrowing.

    解説

  • 24

    Cooperative

    補足(例文と訳など)

    答え

    • Business owned and controlled by the people who use it--producers, consumers, or workers with similiar needs who pool their resources for mutal gain.

    解説

  • 25

    Limited Liability Company

    補足(例文と訳など)

    答え

    • A company similar to an S corporation but without the special eligibility requirements.

    解説

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