Unit 2: Types of Ag Businesses

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Across
  1. 2. reports all profits through its owners as personal income
  2. 3. a person will provide capital but will have no say in decision-making
  3. 5. serve an area comprising numerous counties, an entire state, or a number of states
  4. 6. a professional organization offering something that has real existence
  5. 8. resembles the traditional C corporation but is designed for a company with a sole owner/small group
  6. 10. creates a separate legal entity with assets/liabilities that are separate from the owners
  7. 14. extra money made by the corporation that is given back to the shareholders
  8. 18. owned and controlled by the people who use its services and whose benefits are derived and distributed equitably
  9. 19. providing money without contributing in the decision-making process
  10. 20. owns portions of the business or production process and adds value to the products for a higher return
  11. 21. the profit or loss of a business
  12. 24. the money you have invested in the business
  13. 26. individuals and business entities are members
  14. 27. a form of business where two or more people go into business together
Down
  1. 1. have a vote on company positions and decisions
  2. 4. operate in more than one country
  3. 7. have other cooperatives as members
  4. 9. is chartered by a state; acts as a separate entity from owners
  5. 11. a legal form of business offering set losses to owners to the point of their capital contribution
  6. 12. standardized units that divide portions of the business
  7. 13. a business entity with a single owner/operator
  8. 15. potential of losing all personal and business assets
  9. 16. operate in a single county
  10. 17. business relationship may be dissolved or modified at any time
  11. 22. signifies ownership in a corporation; also called shares
  12. 23. serve a major portion or most of the United States
  13. 25. sets the rights of the partners