Understanding Business Activity

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Across
  1. 2. what do business partners usually invest?
  2. 3. two or more businesses agree to work together on a project and set up a separate business for this purpose.
  3. 5. often a small to medium-sized company; owned by shareholders who have limited liability. The company cannot sell its shares to the general public
  4. 6. often a large company, owned by shareholders who have limited liability. The company can sell its shares to the general public.
  5. 9. the owners of a limited company
  6. 10. the finance needed when first setting up a business
  7. 12. a business that is owned and controlled by just person who takes all of the risks and receives all of the profits
  8. 13. what size is a public limited company usually
  9. 14. a payment, out of profits, to shareholders as a reward for their investment.
  10. 15. the shareholders in a limited liability company which fails only risk losing the amount they have invested in the company and not any of their personal wealth.
  11. 16. besides risks, what does a sole trader receive if they succeed?
  12. 17. liability what do business owners of an unincorporated business have?
  13. 18. what do business partners usually share?
Down
  1. 1. a business system where entrepreneurs buys the right to use the name, logo and product of an existing business.
  2. 4. a business that does not have legal identity separate from its owners. The owners have unlimited liability for business debts.
  3. 7. non-current assets offered as security against borrowing
  4. 8. a business formed by two or more people who will usually share responsibility for the day-to-day running of the business. Partners usually invest capital in the business and will share profits
  5. 11. what size is a private limited company usually