By: Jamyia Prothro & Derrick Odom
3 Types Of Business Organzations
A Partnership divides the risks and profits of a business among two or more people.
A Corporation issues stock to investors.
Unlimited Liability-Situation in which a business owner is responsible for all the business's debts.
Stock- Shares of ownership in a corporation.
Dividend- A shareholder's share of a corporation's profits.
Board of Directors- People who are elected by shareholders to run a corporations.