Across
- 4. When the owners of a business and the business itself are one legal identity, in addition to having unlimited liability.
- 6. a contractual agreement between two or more business organizations to run a new business project is called
- 7. how is an annual meeting between directors and shareholders of a company to vote on major company decisions, to inform them on company performance, elect new directors, etc. called
- 9. Firms funded by taxes on the private sector to provide essential goods and services (e.g. water, electricity, education, etc.)
- 10. owner/s are personally and fully responsible for all losses and debts of the business
- 12. When investors only repay for the capital they've invested in the business
- 15. A partner that only provides funding for the business and is not involved with management.
- 16. When, for the first time, shares of a public limited company are made available through the stock market.
- 17. These are people who have shares in the company, but do not run or manage the company.
- 19. When the owners of a business and the business itself are separate legal identities, in addition to having limited liability.
- 20. Firms funded by taxes on the private sector to provide essential goods and services (e.g. water, electricity, education, etc.)
Down
- 1. The business organization that buys the rights to use the company's brand name, business name, production method, etc. is called
- 2. What is the term for an agreement between the franchisor and the franchisee to allow product distribution.
- 3. an unincorporated, unlimited type of business organization that is owned, financed and run by 2 to 20 people that also requires a deed of partnership to be used.
- 5. The liability on business owners to repay all of the debts of their business;
- 8. when for the first time, shares of a public limited company are made available through the stock market
- 11. A partner with limited liability
- 13. When the owners of a business and the business itself are separate legal identities, in addition to having limited liability.
- 14. A partner with unlimited liability
- 18. A contractual agreement between two or more business organizations to run a new business project.