Examlex
Choose the appropriate term to match the term and the definition.Not all definitions will be used.
Term:
1._____ Corporation
2._____ Par Value
3._____ Growth Investment
4._____ LLC
5._____ Current Dividend Preference
6._____ Partnership
7._____ Market Value
8._____ Income Investment
9._____ Cumulative Dividend Preference
10._____ Sole Proprietorship
Definition:
A.When preferred stockholders are paid dividends before other stockholders.
B.When stockholders prefer to receive dividends at the end of the year rather than each quarter.
C.The current stock price.
D.A company that issues stock on one of the major stock exchanges.
E.An unincorporated business that is owned by a single individual.
F.A stock that is currently selling for its original issue price.
G.A company that has a separate legal identity from its owners.
H.When companies are obligated to pay preferred stockholders past dividends not yet distributed before paying dividends to owners of common stock.
I.The nominal value per share of stock set by the company's charter.
J.Stock of companies that tend to reinvest earnings to provide for greater future sales and profits.
K.A company that is like a partnership in nature except that it has limited liability.
L.Stock of companies that tend to pay relatively high dividends compared to the stock price.
M.An unincorporated business owned by two or more individuals.
Nonlabor Income
Income received from sources other than direct employment or work, such as investments, pensions, or transfer payments.
Substitution Effect
The change in the quantity demanded of a good as consumers switch away from more expensive alternatives.
Income Effect
The change in consumer demand for goods and services induced by a change in consumers' discretionary income.
Labor Supply Curve
A graphical representation that shows the relationship between the wage rate and the quantity of labor workers are willing to supply.
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