Business Ownership & Registration

4. capital- is money borrowed from a business or investor which must be repaid over time with interest
5. lending- issuing loans small amounts
6. Partnership-partners share equal liability in the profits and losses of the business
10. Partnership-partners have an unequal share and liability in the business;they are responsible only for the amount they invested
12. - wealth in the form of money property, used in a business by a person, partnership or a corporation
13. is legal agreement between two or more people to be responsible for a business
14. person or persons who pay fees to a company to operate a business under the franchisors trade name
15. the right or license to sell a company’s product or service at a designated location
17. an advisor
20. a business which leases its trade name and operating system to another person

1. capital-is money raised by a business or investor in exchange for a share of ownership of the company
2. Legal Entity- a business which is granted a charter establishing its own rights; privileges and liabilities distinct from those of its members
3. Proprietorship- most common form of business where the business is owned by one individual
7. are protections provided to authors of originals work
8. Ownership- is the individual or groups which own a business and its legal entities
9. guaranteed by collateral; items pledged to ensure debt is repaid
10. are amounts of money borrowed which will accumulate interest
11. is the most complicated form of business and is a separate legal entity
13. the grants of intellectual property rights to the investor
16. are groups of individuals who invest money in various types of companies in search of making profit
18. Investors- are wealthy individuals who seek high returns through private investments
19. marks- are words symbols name or devices used to specify goods and differentiate one good from other s