By: X'zabria Jones and Tramoski Franklin
Example: Someone running a lemonade stand.
Example: two people of the same business selling candy for the same cause.
Example: Harvey's or Wal-Mart
Dividend: check paid to stock holders usually quarterly representing portion of corporate profits.
Stock: Certificate of ownership in a corporation.
Unlimited Liability: Situation in which a business owner is responsible for all the businesses debts.
Limited Liability: Situation in which a shareholder is not responsible for a corporations debts.