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Match the following: Descriptions 1) Provide additional financing, often in the millions, for a percentage ownership in the company. 2) Allows for legal treatment as
Match the following: Descriptions 1) Provide additional financing, often in the millions, for a percentage ownership in the company. 2) Allows for legal treatment as a corporation, but tax treatment as a partnership. 3) Like an S corporation, but there are no limitations on the number of owners as in an S corporation. 4) Wealthy individuals willing to risk investment funds on a promising business venture. 5) Has stock traded on a stock exchange such as the New York Stock Exchange (NYSE). 6) Corporate earnings are taxed twice-at the corporate level and individual stockholder level. 7) Describes (a) the nature of the firm's business activities, (b) the shares to be issued, and (c) the composition of the initial board of directors. 8) Stockholders can lose no more than the amount they invest in the company. Terms Match the following
Match the following: Descriptions 1) Provide additional financing, often in the millions, for a percentage ownership in the company. 2) Allows for legal treatment as a corporation, but tax treatment as a partnership. 3) Like an S corporation, but there are no limitations on the number of owners as in an S corporation. 4) Wealthy individuals willing to risk investment funds on a promising business venture. 5) Has stock traded on a stock exchange such as the New York Stock Exchange (NYSE). 6) Corporate earnings are taxed twice-at the corporate level and individual stockholder level. 7) Describes (a) the nature of the firm's business activities, (b) the shares to be issued, and (c) the composition of the initial board of directors. 8) Stockholders can lose no more than the amount they invest in the company. Terms
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