1 Exercise A Match the descriptions in Column B with the appropriate terms in Column A.

Column A Column B 1. Corporation.

a. An unincorporated business owned by an individual.

2. Merchandising company.

b. The form of organization used by most large businesses.

3. Partnership.

c. Buys raw materials and converts them into finished products.

4. Manufacturing company.

d. Buys goods in their finished form and sells them to 5. Service company. customers in that same form.

6. Single proprietorship.

e. An unincorporated business with more than one owner.

f. Performs services for a fee.