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Java Games: Flashcards, matching, concentration, and word search. |
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Types of Businesses (Partnerships) F, M, C, WS terms
Compare the different types of businesses; Partnerships
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| tax return | a document that can be filed with a government body declaring liability for taxation. |
| limited partnership | with one or more general partners, who manage the business and assume legal debts and obligations, and one or more limited partners, who are liable only to the extent of their investments. |
| W-2 form | The form that an employer must send to an employee and the IRS at the end of the year. |
| letter of intent | a document outlining an agreement between two or more parties before the agreement is finalized. |
| contract | a legally binding agreement between two or more parties which, if it contains the elements of a valid legal agreement. |
| partners compensation | partner with unlimited legal responsibility for the debts and liabilities of a partnership. |
| disposition | the tendency of something to act in a certain manner under given circumstances. |
| accountant | this individual audits and helps to ensure that firms are run efficiently, public records kept accurately, and taxes paid properly and on time. |
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Acme-Delco Middle School |
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