Across
- 5. someone who starts or owns a business
- 6. improving a product
- 7. exchange of goods/services for other goods/services
- 9. drawing benefits from an asset
- 10. legal claim against a business for money owned to another business
- 13. a resource with economic value to a business
- 14. the rivalry between companies offering the same product/service to the same customers
- 18. increases an asset or expense account
- 20. legal debts a company owes to third-party creditors
Down
- 1. a license that lets a franchisee to sell a produce/service under a franchisor's business name
- 2. an agreement between two or more entities that share ownership of a business
- 3. an agreement between a lender and a borrower
- 4. facilitates where goods are exchange between sellers and buyers
- 8. legal entity is separate and distinct from its owners
- 11. employee tasked with creating product in a business
- 12. an enterprise that is the only seller of a good/service
- 15. anything owned from one person to another
- 16. a company's profitability and financial health
- 17. anything that gives its owner value or advantage
- 19. business that is in debt and owns money