Forms of ownership

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Across
  1. 2. liability The owner’s personal assets may be seized to pay for the debts of the business.
  2. 4. An agreement between two or more parties that have agreed to finance and work together in the pursuit of common business goals.
  3. 7. liability losses are limited to the amount that the owner invested in the
  4. 8. Prospectus is a document inviting the public to buy securities/shares.
Down
  1. 1. Continue to exist even if a change of ownership takes place, e.g a member or shareholder dies or retires.
  2. 3. Shares and bonds issued by a company
  3. 5. A meeting held once a year where the shareholders receive a report stating how well the company has done.
  4. 6. Process where an organization’s accounts are checked to make sure its financial operations are honest