| A | B |
|---|
| when you are only held liable for the money you invest; this is the type of liability in a corporation | Limited Liability |
| when you can be held personally financially responsible for a business; partnerships and proprietorships have this type of liability | Unlimited Liability |
| when two or more people own a business privately | Partnership |
| when there is a single owner of a business | Proprietorship |
| when a company is treated as an individual in contracts; ownership is publicly traded and shown through shares of stock | Corporation |
| a document that proves you own a part of a corporation | Stock |
| the two to four letter abbreviation used to represent a company on the stock exchange | Ticker Symbol |
| when a stock consistently does well; the corporation is also well known | Blue Chip Stocks |
| when a stock is valued at under $5 per share | Penny Stocks |
| when stock prices jump up and down quickly with no real pattern | Volatile Market |
