Forms of Business Ownership and Structure

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Across
  1. 3. A company or group of people authorized to act as a single entity
  2. 5. a business structure in the U.S. that protects its owners from personal responsibility for its debts or liabilities
  3. 8. A comercial business
  4. 10. the highest ranking person within a company
  5. 11. Two people who own a business together
  6. 12. a flexible legal and tax entity that allows partners to benefit from economies of scale by working together
  7. 14. Someone who owns an unincorporated business by themselves
Down
  1. 1. when two or more partners go into business together, with the limited partners only liable up to the amount of their investment
  2. 2. a formal summary of the aims and values of a company
  3. 4. A company which will conduct business within multiple countries
  4. 6. A paper note used as currency
  5. 7. a business or company
  6. 9. corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders
  7. 13. A company which only operates in its home country