Across
- 4. Business owned by a group of people and authorize by the state in which it is located to act as though it were a single person, separate from its owners
- 5. A person who starts, manages, and owns a business
- 8. Situation when an agent, or someone who works for another, pursues their own interest over their employers
- 11. An employee who is given funds and freedom to create a special unit of department within a company in order to develop a new product, process or service
- 12. A written agreement between two or more people identifying how the partners will add capital, labor, or other assets and divide any profits
- 14. Business owned and managed by one person
- 17. Ruling body of a corporation
- 18. Corporation that offers its shares of stock for public sale
Down
- 1. When each partneris personally liable for all the debts incurred by the partnership
- 2. A written document that describes the nature of the business, its goals and objectives, and how they will be achieved
- 3. Official document through which a state grants the power to operate as a corporation
- 6. Corporation that does not offer its shares of stock for public sale
- 7. Business owned by two or more people
- 9. Partnership with at least one general partner who has unlimited liability and at least one limited partner whose liability is limited to his or her investment
- 10. Owners of a corporation
- 13. Person who owns and manages a business and often performs the day-to-day tasks, with the help of hired employees
- 15. Top executive who is hired to manage a business
- 16. Person or business to whom money is owed