Business Studies: Business ownership

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Across
  1. 4. ……………….liability where the owners of a business are not legally responsible for all the debts a business has
  2. 6. ‘….. limited company’ a business structure that is incorporated and gas shares, but shares can be brought or sold by anyone
  3. 7. ‘…………… liability’ where the owners of a business are legally responsible for all tge debts of a business
  4. 11. a business ownership structure in which a small number of people (2-20) own an unincorporated company
  5. 12. any individual or group of people that is affected by a business
  6. 13. a business that has its own legal identity
Down
  1. 1. a business structure where one person owns an unincorporated company
  2. 2. a business that doesn’t have its own legal identity
  3. 3. a payment that a shareholder gets if the company makes a profit
  4. 5. ‘………… limited company’ a business structure that is incorporated and gas shares, but shares can only be sold with the agreement of all the shareholders
  5. 8. when two companies join together to form a new, larger firm
  6. 9. where an existing business expands by buying more than half the shares in another firm
  7. 10. where a company lets a another firm sell its products or use its trademarks in return for a fee or % of the profits