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L E S S O N 1 2

Business Blast

Time to Teach

SLIDE 12A

Workbook This lesson corresponds to The 21st Century Student's Guide to Financial Literacy, student workbook, Chapter 12. Suggested Videos and Additional Resources • CEO Interviews (www.thestreet.com/video/channel/ceo_interviews.html)  Roselind Torres: What it takes to be a great leader. (www.youtube.com/watch?v=aUYSDEYdmzw) (TedTalks) (9:19)  Parliamentary Procedures Basics (www.youtube.com/watch?v=FfnBGolKmbM) (15:43) PRODUCT PREVIEW Materials List Computer/smartboard Webslides (www.c21student.com) Script for How to Run a Meeting in Style; gavel or gavel substitute

Link to highly recommended videos  organized by lesson at www.c21student.com/ you-tube-lesson-links/

What Does That Mean? Term

SLIDE 12B-E

Definition

corporation

a legal entity which is separate and distinct from its owners in which ownership is shared, and which conducts business in its own name.

share

a unit of ownership in a corporation; also referred to as stock .

shareholder

a person who owns shares in a company; also referred to as a stockholder . owners of the company (shareholders) cannot be held personally liable for the company's debts. a group of individuals elected by the shareholders to act as representatives of the shareholders, and manage and make major decisions for the corporation.

limited liability

Board of Directors

equity

ownership; stock or security representing ownership.

Lesson 12 | Business Blast 218

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