Forms of ownership
Across
- 3. This type of company does NOT sell shares to the public and may not be state owned
- 5. The firm can live beyond the life spans and capacity of the owners
- 8. A written invitation to the public to buy shares or other securities
- 10. Abbreviation for a private company
- 11. This type of company lists its shares on the JSE
- 12. One of the three methods that can be used to enter into a partnership agreement
Down
- 1. Defined as a legal entity according to the Companies Act 71 of 2008
- 2. abbreviation for the founding document to start a company
- 3. Two or more people become joint owners of a business
- 4. An association, corporation, partnership, proprietorship, trust, or individual that has legal standing in the eyes of law.
- 5. Abbreviation for the commission where companies register
- 6. the international standards that the annual financial statements of a company have to adhere to
- 7. Indefinte extent of liability to pay a firm's debts or obligations,
- 9. Owned by one person