Types of Ownership
Across
- 3. a ______ corporation resembles the structure of a B corp. A lot of the rules associated with smaller companies also apply to close corporations.
- 5. no types of partnership pay additional ______.
- 7. a good structure for a business owner looking for a little more risk and good funding options
- 8. The meaning of a C- Corporation is a _______ corporation
- 9. corporations that work in charity, education, religion, literature, or science.
- 10. ___________ corporations, or B corps, have missions similar to non-profit organizations, but they are, in fact, a for-profit corporation.
- 11. if you have more than one ______ stakeholders and any stakeholders that aren’t citizens of the United States, you are out of luck for S-corps
- 12. being responsible for something by law.
- 13. a type of liability where there is no limit and the owners take full responsibility of the company's debts.
- 14. an S corporation, or S corp, is a type of corporation that is meant to avoid the _____ taxation that hits normal C corporations.
Down
- 1. because there is no formal separation in sole proprietorship, the business owner will become personally liable for any _____ the business might have.
- 2. a private business owned and operated by the same people that use its products and or services
- 4. this type of proprietorship happens when someone does business activities but does not register as another type of business.
- 6. a simple way of business ownership where two or more people are involved.
- 12. a type of liability where it reflects the individuals investment in the business.