TM- IDENTIFICATION Flashcards
One who undertakes to form a corporation or cause it to be formed for specified purpose.
Promoter
Is the process of planning and controlling long-term investment. It provides the decision framework for investment choice of the business.
Capital budgeting
Is doing work for others
Service
The amount of money that the investment will generate over the period of time.
Income
The result of operating conditions imposed upon the firm by economics circumstances
External business risk
Largely associated with the efficient with which firm conducts its operation.
Internal business risk
Process of buying and selling.
Is the buying of goods and selling the same without change in the form.
Trading or merchandising
Is defined as the chance that the actual return on investment will be different from its expected return
Risk
The one who is liable for partnership debts to the extent of his personal property after the partnership assets are exhausted.
General partnership
Represent the basic issue of shares and all has the basic rights of the share of stock.
Common stock
Can be defined as the commitment of funds to one or more assets that will be held over some future time period.
Investment
Is a corporate strategy that allows a company to combine its assets to another company or to acquire another company.
Merger and acquisition
A separate body consisting of at least five individuals treated by law as unit.
An artificial being created by operation of law
Corporation
In association of two or more person to carry on a co-owner of a business for profit.
Partnership
Shall have absolute jurisdiction, supervision and control overall corporation.
SEC
