Business Ownership

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Across
  1. 3. a corporation that elects to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes
  2. 6. A franchise has a well established and recognized
  3. 8. By selling shares of a corporation you can obtain
  4. 10. an entity with the legal authority to act as a single person distinct from its owners and combines the best features of a partnership and a corporation.
  5. 11. LLC's have personal asset
  6. 12. Non- profit organizations are exempt from paying
  7. 13. a partnership shares liability and
Down
  1. 1. a form of business that is owned and operated by one person.
  2. 2. an entity with a legal authority to act as a single person distinct from its owners
  3. 4. a license a company grants to a business or individual for the right to use its name and sell its products or services
  4. 5. a business that makes enough money to run and creates resources to help people
  5. 7. a different type of work structure created by COVID
  6. 9. an association of two or more persons to carry on as co-owners of a business for profit.