Business Ownership

4. A form of ownership in which a retail franchise operates within the facilities of another store; often referred to as the host
7. A business owned by one person who receives all the profits from the business and takes all the risks
9. A form of business ownership in which the business is owned by two or more persons
10. A form of business ownership that is owned by stockholders who have purchased units or shares of the company
11. A parent company and owner of the name and/or system that is being distributed through a contractual franchising arrangement
12. A form of business growth in which a corporation acquires many smaller companies

1. A contractual agreement between a parent company and a franchisee to distribute goods or services
2. One who buys the right to sell the goods or services of the parent company (franchisor)
3. acquiring another business by purchasing it
5. Two individual businesses that combine to form one organization
6. A type of corporation owned by a few people that does not offer its shares for sale to the general public
8. A method of distributing recognized goods and services through a legal agreement between two parties
9. A type of corporation that usually sells millions of shares of stock to many stockholders; must make its financial information available to the general public