business studies types of business organizations

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Across
  1. 4. when the investors only repay for the capital they've invested in the business
  2. 7. The liability on business owners to repay all of the debts of their business; the owner/s are personally and fully responsible for all losses and debts of the business.
  3. 9. An unincorporated, unlimited type of business organization that is owned, financed and run by 2 to 20 people that also requires a deed of partnership to be used.
  4. 10. An agreement between a company with another business organization to allow the distribution of the company's goods and services and the use of its brand name or trademark through the other. business organization; an agreement between the franchisor and the franchisee to allow product distribution.
  5. 13. These are people who have shares in the company, but do not run or manage the company.
  6. 16. a partner with unlimited liability.
  7. 18. A contractual agreement between two or more business organizations to run a new business project.
  8. 19. Firms funded by taxes on the private sector to provide essential goods and services (e.g. water, electricity, education, etc.)
Down
  1. 1. When, for the first time, shares of a public limited company are made available through the stock. market.
  2. 2. an incorporated, limited type of business organization that allows shares to be sold to the public through the stock market.
  3. 3. These are people who are major shareholders in the company but who also have control over it; they are elected by other shareholders in the AGM.
  4. 5. an incorporated, limited type of business organization that only allows shares to be sold to invited shareholders.
  5. 6. a partner that only provides funding for the business and is not involved with management.
  6. 8. The company that allows the distribution of its goods and services; it usually is well-known, has an identity with a market and brand name for its product.
  7. 11. When the owners of a business and the business itself are separate legal identities, in addition to having limited liability.
  8. 12. When the owners of a business and the business itself are one legal identity, in addition to having unlimited liability.
  9. 14. An unincorporated, unlimited type of business organization that is owned and controlled by one person who also receives all profits.
  10. 15. The business organization that buys the rights to use the company's brand name, business name, production method, etc.
  11. 17. a partner with limited liability