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

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

3. Sole Proprietorship #1

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

5. Unlimited liability #2

6. 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

7. $6,500 #3

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

9. Partnership #4

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

11. Unrealized gains #5

12. What does YTD stand for? #6

13. Year to Date percentage#6

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

15. Monopoly #7

16. Dividends are a piece of a companies ______________#8

17. Profits #8

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

19. “Buy low, sell high”
Collect Dividends #9

20. A share of ownership in a company is ____________
#10

21. Stock
#10

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

23. Limited liability
#11

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

25. Bull Market
#12

26. 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

27. $450
#13

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

29. Franchise
#14

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

31. Corporation
#15

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

33. New York Stock Exchange
Nasdaq
American Stock Exchange
#16

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

35. Bear Market
#17

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

37. Liability
#18

38. 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

39. George
#19

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

41. Realized gains
#20