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1、1.Unit1Businessesarestructuredindifferentwaystomeetdifferentneeds.Thesimplestformofbusinessiscalledanindividualorsoleproprietorship.Theproprietor(經(jīng)營者)ownsallofthepropertyofthebusinessandisresponsibleforeverything.Forlegalpurposes,withthiskindofbusiness,t
2、heownerandthecompanyarethesame.Thismeansthattheproprietorgetstokeepalloftheprofitsofthebusiness,butalsomustpayanydebts.Anotherkindofbusinessisthepartnership.Twoormorepeoplegointobusinesstogether.Anagreementisusuallyneededtodecidehowmuchofthepartnershipea
3、chpersoncontrols.Onekindofpartnershipiscalledalimitedliabilitypartnership.Thesehavefullpartnersandlimitedpartners.Limitedpartnersmaynotshareasmuchintheprofits,buttheyalsohavelessresponsibilitiesforthebusiness.Doctors,lawyersandaccountantsoftenformpartner
4、shipstosharetheirrisksandprofits.Ahusbandandwifecanformabusinesspartnershiptogether.Partnershipsexistonlyforaslongastheownersremainalive.Thesameistrueofindividualproprietorships.Butcorporationsaredesignedtohaveanunlimitedlifetime.Acorporationisthemostcom
5、plexkindofbusinessorganization.Corporationscansellstockasawaytoraisemoney.Stockrepresentssharesofownershipinacompany.Investorswhobuystockcantradetheirsharesorkeepthemaslongasthecompanyisinbusiness.Acompanymightusesomeofitsearningstopaydividends(紅利)asarew
6、ardtoshareholders.Orthecompanymightreinvestthemoneyintothebusiness.Ifshareslosevalue,investorscanloseallofthemoneytheypaidfortheirstock.Butshareholdersarenotresponsibleforthedebtsofthecorporation.Acorporationisrecognizedasanentity(實體)——itsownlegalbeing,s
7、eparatefromitsowners.Aboardofdirectorscontrolcorporatepolicies.Thedirectorsappointtopcompanyofficers.Thedirectorsmightormightnotholdsharesinthecorporation.Ifshareslosevalue,investorscanloseallofthemoneytheypaidfortheirstock.Butnotallcorporationsaretradit
8、ionalbusinessesthatsellstock.Somenonprofitgroupsarealsoorganizedascorporations.2.Unit2InthepastthreeweekIhaveintroducedyoutotheideasandmethodsofeconomics.Inthenextweek,wewillstartlearningmore,inmoredetailtheprinciplesofeco