Topic 5 Vocab Crossword

3. when a company hires a third party to perform their task
5. all people age 16 and older who are classified as either employed and unemployed
10. Function like a general partnership but each partner only has a limited amount of liability
11. the relocation of a business process from one country to another
12. Business owned by one person
13. a mechanism for resolving disputes between investors and brokers, or between brokers
14. Most complex form of business
17. no specialized skills
19. a business organization owned and operated by a group of individuals for their shared benefit
20. specialized abilities, need little supervision

1. exists to advance a particular profession, support the interests of people working in that profession and serve the public good
2. the business structure determined by various factors such as control, liabilities, tax treatment, and legal entity
4. the intervention of a third person, or mediator, into a dispute to assist the parties in negotiating jointly acceptable resolution of issues in conflict
6. Business owned by 2 or more people who agree on a division of responsibilities and profits
7. One person hold the liability and the other invests the money
8. No owner, often run by a board, Usually provide a benefit to the public
9. minimal skills; might need to know how to use equipment
15. a fixed-income instrument and investment product where individuals lend money to a government or company at a certain interest rate for an amount of time
16. the debts that a business owes to third-party creditors
18. a share in the ownership of a company, including a claim on the company's earnings and assets