Business Foundations

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Across
  1. 3. run by directors, owned by shareholders with limited liability
  2. 5. stand for Australian … and Investments Commission
  3. 6. Independent government body that regulates corporations [acronym]
  4. 7. the part of the economy operated by the government [2 words]
  5. 8. having ongoing life; that is, never ending
  6. 9. shareholders are liable to the level of their investment [2 words]
  7. 13. stands for a government business enterprise
  8. 16. business that distributes profit to the community [2 words]
  9. 17. part of the economy operated privately [2 words]
  10. 18. an individual owner of a business
  11. 19. stands for … Business Name (RBN)
Down
  1. 1. full liability of owner to the extent of their assets
  2. 2. a person starts an enterprise with the aim of solving social problems
  3. 4. an invitation to investors to purchase shares in a company
  4. 10. legally declaring a corporate entity as separate from its owners
  5. 11. stands for Australian Company …
  6. 12. a legal form of business ownership with two or more people
  7. 14. where shares are bought and sold [acronym]
  8. 15. a broad-based tax of 10% on most goods and services