填空题

Businesses are structured in different ways to meet different needs.
The simplest form of business is called an (26) proprietorship. The proprietor owns all the property of the business and is (27) for everything. This means the proprietor (28) all the profits, but must also pay any (29) . The law recognizes no difference between the owner and the business.
Another kind of business is the partnership. Two or more people go into business together. An (30) is usually needed to decide how much of the partnership each person controls.
There are limited (31) partnerships. These have full partners and limited partners. Limited partners may not share as much in the profits. But they also do not have as many duties.
The most (32) kind of business organization is the corporation. Corporations are designed to have an unlimited (33) .
Corporations can sell stock to raise money. Stock represents shares of ownership. Investors who buy stock can trade their shares or keep them (34) the company is in business. A company might use some of its earnings to pay dividends as a reward to shareholders. Or the company might reinvest the money into the business.
If shares (35) value. investors can lose all the money they paid for their stock. But shareholders are not responsible for the debts of the corporation. A corporation is recognized as an entity, its own legal being, separate from its owners.
Corporations can have a few major shareholders. Or ownership can be spread among the general public. Incorporating offers businesses a way to gain the investments they need to grow.