TYPES OF BUSINESS ORGANIZATION

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Across
  1. 2. Partnership in which all partners have unlimited liability.
  2. 4. Partner whose name is used in the business despite no capital contribution.
  3. 6. Business organization formed by two or more persons sharing profits and responsibilities.
  4. 7. Form of business owned and managed by one person.
  5. 8. Partnership that allows some partners to have limited liability.
  6. 9. Partner who contributes capital but does not participate in management.
  7. 11. Organized activity of producing and providing goods or services for profit.
Down
  1. 1. Member-owned enterprise formed to meet common needs.
  2. 3. Body elected to manage and set policies for a corporation.
  3. 5. Person who becomes liable as a partner due to public representation.
  4. 6. Reward received by entrepreneurs for taking risks.
  5. 10. Partner who actively manages the business.