POB Unit 2.1

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Across
  1. 2. Partner plays no role and is not known to public.
  2. 5. Partnership formed by the way two or more people conduct their business (4 words).
  3. 7. Partner has an active role, unlimited liability.
  4. 8. Entity with the legal authority to act as a single person.
  5. 9. Type of corporation that benefits the public and receives a tax break.
  6. 10. Each stock equals one _______ at the shareholder meeting.
  7. 11. __________venture is a special project for a limited time.
  8. 12. Grants permission to sells its products and services as a business.
  9. 16. Two or more persons to carry on as co-owners of a business for a profit.
  10. 17. Partner has no role, but is known to public.
  11. 18. Abbreviation for a partnership with limited liability.
  12. 19. Type of taxation on a corporation.
Down
  1. 1. Type of liability in which you only lose your initial investment in the company.
  2. 3. agreement Partnership formed after they agree to conditions in a contract (two words).
  3. 4. Business owned by one person (two words)
  4. 6. Formed by a group to gain bargaining power.
  5. 13. Partner has an active role, but unknown existence.
  6. 14. Type of liability in which you can lose all your assets.
  7. 15. __________ of incorporation.