Business Ownership

Edit Answers
12345678910
Across
  1. 3. The responsibility of owners to debts. Can be limited or unlimited.
  2. 5. ___ are the owners of a limited company.
  3. 7. Sole __ is an enterprise that is soley funded, operated and risk taken by one person.
  4. 9. Public limited companies have a more complicated set-up ___.
  5. 10. When a company is affected by the death or retiring of its owner, it is said to be due to a lack of ___.
Down
  1. 1. Limited companies have to pay a higher ___ ___ to the government than other smaller companies.
  2. 2. A possible disadvantage of a public company is that it has to ___ its financial information to the public.
  3. 4. A ___ occurs when 2 or more people carry on business together.
  4. 5. Ownership of public companies can be freely traded on the ___ ___.
  5. 6. The owners of limited companies and the companies themselves are not viewed as the same body because they are separate ___ ___.
  6. 8. Public companies can raise capital by issuing ___ to the public.