Crossword Puzzle-Ownership structures

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Across
  1. 4. A company cannot publicly raise funds
  2. 6. A Public company can … (openly) raise funds by advertising and selling shares.
  3. 8. A company is a registered … (legal status) with the right to do business in its own right.
  4. 11. A legal document which covers all aspects of the operation of the partnership and include things such as the role of each partner, the proportion of ownership and the resolution of disputes
  5. 14. a business owned by two or more persons in business together with a view to making a profit
  6. 15. the owner of a sole trader has …(complete) control over decision-making
  7. 16. the owner’s personal accountability for the debts of a sole trader or a partnership
  8. 19. a business owned by a single individual, operating their business in their own right under their own name or a registered business name
  9. 20. Which business structure finds it most difficult to raise capital?
  10. 21. the number of shareholders a public company can have.
  11. 22. Establishment cost for a sole trader or a partnership is … (not expensive).
Down
  1. 1. The life for a sole trader or a partnership is …
  2. 2. Control over decision-making and profits are … among the partners.
  3. 3. Which business structure has the GREATEST ability to raise capital?
  4. 5. The life of a company is … due to it being a separate legal entity.
  5. 7. Public companies have greater … of ownership as shares are easily traded on the ASX
  6. 9. A company is regulated by ASIC as well as the ATO and a separate tax return is required by both these bodies each year, the degree of … is much higher
  7. 10. the owner’s personal accountability for the debts of a COMPANY
  8. 12. If the partners are married, they can benefit from splitting profits, giving them two tax-free thresholds. This lowers their tax but doesn't affect their household income.
  9. 13. The owner of a sole trader receives all … and has full access to the capital of the business
  10. 17. Normally, the number of partners in a partnership is up to…
  11. 18. Compared to Sole traders, the partnerships have … access to capital and skills.