| A | B |
|---|
| BOARD OF DIRECTORS- | A GROUP OF PEOPLE ELECTED BY STOCKHOLDERS TO MAKE MAJOR DECISIONS FOR A CORPORATION |
| CIRCULAR FLOW OF INCOME- | THE FLOW OF PAYMENTS FOR GOODS AND SERVICES BETWEEN HOUSEHOLDS AND BUSINESSES |
| CORPORATION- | A BUSINESS THAT IS OWNED BY STOCKHOLDERS |
| DIVIDEND- | A SHARE IN A CORPORATION'S PROFIT THAT IS PAID TO A STOCKHOLDER |
| FRANCHISE- | A BUSINESS ARRANGMENT IN WHICH A LARGE BUSINESS CHAIN, SUCH AS A FAST FOOD COMPANY, ALLOWS ANOTHER PERSON OR GROUP TO OPERATE AN OUTLET USING ITS NAMETO SELL GOODS OR SERVICES |
| LOSSES- | WHAT HAPPENS WHEN A PRODUCER'S TOATL COST ARE GREATER THAN THE TOTAL REVENUES; THE OPPOSITE OF PROFITS |
| PARTNERSHIP- | A BUSINESS THAT IS OWNED BY TWO OR MORE PEOPLE |
| REVENUE- | MONEY BROUGHT IN BY A BUSINESS |
| SOLE PROPRIETORSHIP- | A BUSINESS OWNED BY ONE PERSON |
| STOCK- | A SHARE OF OWNERSHIP IN A CORPORATION |
| STOCKHOLDER- | A PERSON WHO BUYS STOCK IN A CORPORATION; SHAREHOLDER |
