Across
- 4. the originator of a trade name or product that grants operating rights to another party to sell its product
- 6. business Where the business has a separate legal identity from that of its owners
- 7. A system for buying and selling ownership shares of public limited companies
- 9. business A business that does not have a separate legal identity. Example: Sole Traders & Partnerships.
- 10. a payment, out of profits, to shareholders as a reward for their investment
- 11. Another reference to a company "going public", this is an "initial public offering".
- 14. A legal agreement that gives an individual the right to market a company's products or services in a particular area.
- 15. A feature of business ownership in which the owners are liable only up to the amount of their individual investments.
Down
- 1. A business owned and operated by one person
- 2. The owner is personally and fully responsible for all losses and debts of the business
- 3. Business formed by two or more people who will share responsibility and profits
- 5. an individual or business that is granted the right to sell another party's product
- 8. limited company A business that is owned by shareholders who are often from the same family. The company cannot sell shares to the general public
- 12. a person or organization who owns shares in a company
- 13. limited company A company with limited liability, owned by shareholders. The shares can be traded on a stock exchange.