Forms of ownership

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