Business Vocabulary Unit 2

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Across
  1. 1. A form of business owned and operated by one person
  2. 3. Businesses owned and operated by a group of people with strong common interest
  3. 4. A legal business entity that exists independently of its owners. Crown indicates that it is owned by a federal, provincial, or municipal government
  4. 6. Standards of conduct that society believes people should follow
  5. 8. Does not have restrictions on its number of shareholders
  6. 10. A legal business entity that is not organized to make a profit. Purpose is to undertake fundraising, do research, or lobby for a cause in order to help people
  7. 13. The extent to which shareholders are responsible for a company's debts. It is the same as their financial involvement
  8. 14. A form of business organization in which two or more people own and operate the business together
  9. 15. A type of business in which a person bus the right to use a business name and to sell a product or service. The purchaser must follow certain rules in operating the company
  10. 16. A legal business entity that exists independently of its owners
Down
  1. 1. The duty to care for others whose actions can be affected in a damaging way
  2. 2. People who buy stocks in a company and are part owners of the company
  3. 5. A business that is being operated from a persons homes
  4. 7. A person is responsible for paying all debt or liabilities of the business
  5. 9. A business that is independently operated, not dominant in its field, and meets certain size limits in terms of employees and annual sales
  6. 11. A legal business entity in which shares are not offered to the public
  7. 12. Doing business internationally