Corporate Structure and Advantages & Disadvantages

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Across
  1. 1. Existence Business continues even if an owner leaves
  2. 4. Payments made to shareholders
  3. 7. of Directors Group elected to make major company decisions
  4. 8. Money earned after expenses
  5. 10. Proprietorship Business owned by one person
  6. 12. Separate legal entity owned by shareholders
  7. 14. Owners of a corporation
Down
  1. 2. Liability Personal assets can be used to pay business debts
  2. 3. Liability Owners are only responsible for what they invest
  3. 5. Taxation When corporate profits are taxed twice
  4. 6. Money used to start or grow a business
  5. 8. Business owned by two or more people
  6. 9. Corporation that avoids double taxation
  7. 11. Legal responsibility for debts
  8. 13. Executive who manages daily operations