Chapter 4 revision
Across
- 2. Legal requirement to vote for Board of Directors
- 4. Owners can be held personally responsible for all debts
- 5. Cannot sell shares to the public
- 8. A business without separate legal identity
- 9. Two or more people agree to jointly own a business
- 11. When the business continues after the death of an owner
- 13. Payments made to shareholders from profits
- 14. Owners of limited companies
- 16. Owned and controlled by the government
Down
- 1. Sell shares on the stock exchange
- 3. A business owned by one person
- 6. Legal agreement between owners
- 7. A business that uses name and trading methods of an existing business
- 10. Two or more businesses start a project together
- 12. Business with separate legal status
- 15. Shareholders can only lose the amount invested