3.  Restricts the liability of a partner for the amount of the partner’s investment.

4.  A business owned by a group of people and authorized by the state in which it is located to act as though it were a single person.

5.  Two or more businesses that agree to provide a good or service, sharing the cost of doing and also the profits.

6.  A legal agreement between a company and a distributor to sell a product or service under special conditions.  Ex: KFC, MacDonals

7.  The s corporation is a corporation that makes a valid election to be taxed under subchapter s of chapter 1 of the International Revenue Code; The s corporation do not pay any federal income taxes.

8.  An organization that does not pay taxes and does not exist to make a profit  Ex: Simi Sunrise Rotary Charitable Foundation, The old jail art center

9.  A business owned and operated by its user-members for the purpose of supplying themselves with goods and services.  Examples:

10.  Stock is a security issued in the form of shares that represent ownership interests in a company.

11.  An intermediary is a third party that offers intermediation services between two trading parties.

12.  A sole proprietorship, also known as a sole trader or simply a proprietorship, is a type of business entity that is owned and run by one individual and in which there is no legal distinction between the owner and the business.

13.  A person who performs word processing.

14.  Manufacturing is the use of machines, tools and labor to produce goods for use or sale.

15.  A type of investment in which a partner or investor can lose an unlimited amount of money. opposite of limited liability.

16.  Limited liability is a concept whereby a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a company or partnership with limited liability.

17.  A business that gathers raw products in their natural state.

18.  A type of business that buys goods in large amounts and resells them to other businesses in smaller lots.

19.  A business that sells goods or services directly to the public.