FORMS OF OWNERSHIP

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Across
  1. 3. money contributed from the owners savings
  2. 6. allowed any number of shareholders, over 7
  3. 7. owners personal belongs at risk
  4. 8. responsibilities, workload & risk is ______ between partners
  5. 10. this form of ownership allows for financials to be confidential
  6. 14. accountants check the financial records of the business
  7. 15. easily transferable
  8. 16. partnerships allow for more ________ in the business
  9. 17. recognised by the letters '(Pty) Ltd'
  10. 19. the business will carry on
  11. 20. procedures to follow when closing down
Down
  1. 1. sole trader takes 100%
  2. 2. describes what the partnership is
  3. 4. another name for capital goods
  4. 5. if one partner makes a bad decision, the other partners will be affected
  5. 9. portion of the company's profits paid out to shareholders
  6. 11. who is responsible for the debts of the business?
  7. 12. better to have it written
  8. 13. public companies are listed on the ______
  9. 18. has to be paid back with interest