| A | B |
|---|
| A type of stock that gives the shareholder the right to vote in corporate elections | common stock |
| Persons who are responsible for overall direction of the corporation | directors |
| A person who owns one or more shares of stock | shareholder |
| The ending of a corporation | liquidation |
| A type of stock that entitles its owner to a stated dividend | preferred stock |
| A principle that protects shareholders, directors, officers, and corporate employees from personal liability for honest mistakes | business judgment rule |
| A unit of ownership in a corporation | share of stock |
| An event that occurs when two corporations cease to exist and a new corporation is formed | consolidation |
| A situation that arises when one corporation absorbs another | merger |
| Distributions of profits earned by a corporation | dividends |
