Chapter 2: Business

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Across
  1. 2. Corporations Are owned by federal, provincial, or muncipil governments. Usually provide a special service to the public
  2. 3. Independently operated, not dominant in its field, meets certain limites
  3. 5. Corporation Can have up to 50 shareholders. Shares are not offered to the public though and a single person who incorporates may only have one shareholder him or herself. They are usually small
  4. 7. People who buy shares in a company
  5. 8. Doing business internationally
  6. 11. Are not organized to make a profit. Their purpose is a fundraiser
  7. 14. A form of business organization in which two or more people own and operate the business together
  8. 15. Legal entity that exist independently of its owners, who are called shareholders
  9. 16. The right to use the business name and to sell a product or service in a given territory
  10. 17. Standards of conduct that society beleives people should follow
  11. 18. Liability The liability for the companys debts to the extent of their financial involvement. This is an advantage for those who share ownership in a corporation
Down
  1. 1. Businesses owned and operated by a group of people with a strong common interest
  2. 4. Duty to care for others whos actions can be affected in a damaging way
  3. 6. Corporation It does not have restrictions on its number of shareholders. Shares can be sold to the general public and bought and sold (trades) on stock exchanges
  4. 9. Responsibility of having to pay debits, or liabilities of a business
  5. 10. Business operated out of a home
  6. 12. The written contract between the franchise seller and buyer
  7. 13. A business owned and operated by one person