Types of Businesses

123456789101112
Across
  1. 3. Business partners are only liable for the amount of money they have put into the company.
  2. 5. A formal agreement made by two or more parties to jointly manage and operate a company.
  3. 8. Defines the company's relationship with shareholders and specifies the objectives for which the company has been formed.
  4. 9. Persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically controlled enterprise.
  5. 11. This type of limited company can offer shares to the public.
  6. 12. This type of liability means that each business owner is equally responsible for whatever debt accrued within a business if the company is unable to repay or defaults on its debt.
Down
  1. 1. A document which states the external relationships of the business and provides general information about the company.
  2. 2. KFC, McDonalds, Burger King are examples of _____________.
  3. 4. This type of business entity limits owner liability to their shares, limits the number of shareholders to 50, and restricts shareholders from publicly trading shares.
  4. 6. Businesses and industries that are owned or controlled by the government, or things that are related to these businesses and industries.
  5. 7. This sector consists of businesses owned and operated by private individuals.
  6. 10. A simple business structure in which one individual runs and owns the entire business.