Types of business organization
Across
- 2. How is the partner with limited liability called?
- 5. Limited Liability ... means that some/all partners have limited liability, but they also have to retain an automatic management responsibility.
- 10. ... can occur between partners. This is one of the cons of a partnership.
- 11. ... is easier to fund (due to more partners and, thus, more funding). This is one of the pros of a partnership.
- 14. What is a contractual agreement between two or more business organizations to run a new business project?
- 17. What is an agreement between the franchisor and the franchisee to allow product distribution?
- 19. Who are major shareholders in the company and also have control over it?
- 20. ... business is when the owners of a business and the business itself are separate legal identities, in addition to having limited liability.
Down
- 1. ... business is when the owners of a business and the business itself are one legal identity, in addition to having unlimited liability.
- 3. few legal ... This one of the pros of the sole traders.
- 4. What happens when, for the first time, shares of a public limited company are made available through the stock market?
- 6. ... General Meeting is an annual meeting between directors and shareholders of a company to vote on major company decisions, to inform them on company performance, elect new directors, etc.
- 7. An unincorporated, unlimited type of business organization that is owned and controlled by one person who also receives all profits.
- 8. ... liability is when investors only repay for the capital they've invested in the business.
- 9. ... partner is the partner that only provides money and receives profit returns but isn't involved with management.
- 12. What is an unincorporated, unlimited type of business organization that is owned, financed and run by 2 to 20 people that also requires a deed of partnership to be used?
- 13. A ... is the business organization that buys the rights to use the company's brand name, business name, production method, etc.
- 15. ... Limited Company is an an incorporated, limited type of business organization that only allows shares to be sold to invited shareholders.
- 16. ... liability is when the owner/s are personally and fully responsible for all losses and debts of the business.
- 18. ... partner is a partner with unlimited liability.