Terms : Hide Images
| 13103364085 | Joint Venture | A partnership formed to carry out a single enterprise rather than an ongoing business. Short-term partnership. | 0 | |
| 13103374242 | Similarities in partnerships and joint ventures | Agreement, no state formalities to form, share profits and losses, unlimited personal and joint several liability for debts and obligations, shared right to manage, partnership for tax purposes. | 1 | |
| 13103383392 | Strategic Allience | A form of collaborative business relationship in which the participants remain independent organizations. | 2 | |
| 13103387165 | Mining Partnerships | Partnerships organized to develop mining property. Partners actually engage in working the mine, arises from ownership interest, partners own property including mineral interest, may convey interest without dissolving interest, decisions made by majority rule, partners owe fiduciary duties to each other, taxes as partnership | 3 | |
| 13103405405 | Joint Stock Companies | Unincorporated associations combining least appealing features of partnerships and corporations; rarely encountered in the United States. Developed in England. | 4 | |
| 13103413395 | Articles of Association | The agreement governing operation of a joint stock association. | 5 | |
| 13103415248 | Business Trusts | An unincorporated association governed by the law of trusts in which trustees manage the business for others, called beneficiaries. | 6 | |
| 13103420674 | Trustee | One of whom property or a business in entrusted to manage it for others. | 7 | |
| 13103422245 | Beneficiary | One for whose benefit property or a business is managed. | 8 | |
| 13103423414 | Statutory Trust | A trust governed by state statute. | 9 | |
| 13103424687 | Common Law Tust | A trust recognized and governed by case law. | 10 | |
| 13103428633 | Real Estate Investment Trust (REIT) | Business that invests in real estate on behalf of numerous investors who have limited liability for the business debts. | 11 | |
| 13103430672 | Types of REITs | Equity (own and operate income-producing real estate) Mortgage (don't own real estate but make loans) Hybrid (hold and invest both mortgage and real estate assets) | 12 | |
| 13103441009 | Cooperative Associations | A business owner and democratically controlled by its members for their mutual benefit. | 13 | |
| 13103452302 | Cooperatives | Businesses governed on the principle of one member, one vote. Owned and operated by the people working there (worker), people buying the co-op's goods or services (consumer), people collaborating to process and market their products (producer), groups uniting to enhance purchasing power (purchasing) | 14 | |
| 13103474928 | Cooperatives help their local community because: | provide quality goods/services to areas that have been shunned by traditional businesses, invest in local communities, members are local residents so profits circulate in community, builds social networks and strengthens social cohesion, help small business remain competitive, create empowering jobs for community members. | 15 |
