our puzzling economy

2. represents basic ownership of a corporation
4. amount borrowed
5. the firm legally ceases to exist when the owner dies, quits, or sells the business.
9. a voluntary association formed to carry on some kind of economic activity that will benefit its members.
13. an organization that promotes the welfare of its member business
14. a check that transfers a portion of the corporate earnings
15. municipal or investor owned companies that offer products such as water, sewerage, and electric service to the public
18. a government document that gives permission to create a corporation
19. a business owned and run by a single individual.
20. a stock of finished goods and parts in reserve
21. a form of business organization recognized by law as a separate legal entity with all the rights of an individual.
22. consists of people in a specialized occupation interested in improving the working conditions, skill levels, and public perceptions of the profession

1. a businesslike way to promote the collective interests of its members rather than to seek financial gain for its owners
3. the owner is personally and fully responsible for all losses and debts of the business.
6. an organization of workers formed to represent its members’ interests in various employment matters
7. negotiates with management over issues such as pay, working hours, health care coverage, vacations, and other job related matters
8. ownership certificates in the firm.
10. represents nonvoting ownership shares of the corporation.
11. a written promise to repay the amount borrowed at a later date
12. a financial organization that accepts deposits from
15. a business that is jointly owned by two or more persons
16. a voluntary association formed to carry on some kind of economic activity that will benefit its members.
17. a nonprofit organization sponsored by local businesses