Types of Business and Stock Market Unit 7 Review Types of Business and Stock Market

What type of Business makes up the majority (70%) of U.S. Business #1

Sole Proprietorship #1

What type of liability goes with sole proprietorship and partnership? #2

Unlimited liability #2

You purchased 500 shares of Apple stock at $97 a share You purchased 500 shares of Apple stock at $97 a share. A year later you sell the same stock for $110. What is your total profit? #3

$6,500 #3

What type of business is a private business owned by two or more people? #4

Partnership #4

What do we call the gain/ losses that happens while you own the stock? #5

Unrealized gains #5

What does YTD stand for? #6

Year to Date percentage #6

What do we name a company that has complete control over a market? #7

Monopoly #7

Dividends are a piece of a companies ______________ #8

Profits #8

What are the two ways investors make money on the stock market? #9

“Buy low, sell high” Collect Dividends #9

A share of ownership in a company is ____________ #10

Stock #10

What type of liability is it when you are just responsible for only what you put in? #11

Limited liability #11

What is a term or kind of market that describes the stock market doing well? #12

Bull Market #12

You currently own 300 shares of Nike stock You currently own 300 shares of Nike stock. You collect the annual dividend that paid you $1.50 a share. What is your total profit? #13

$450 #13

What type of business is labeled as a hybrid business? #14

Franchise #14

What type of business is the most difficult and most expensive to organized? #15

Corporation #15

What are the three major stock exchanges in the U.S. #16

New York Stock Exchange Nasdaq American Stock Exchange #16

What term describes the stock market when it is doing poorly? #17

Bear Market #17

What term is any claim on, debt of, a person or business? #18

Liability #18

George is currently a 25 year old accountant who is investing in the stock market for the first time. Alex is a 55 year old teacher who has invested in the stock market for the last 30 years. Who should be taking more risk with their investments? #19

George #19

What term do we use to describe gains/ losses that we notice after we sell our stocks? #20

Realized gains #20