Business Terminology

3. Businesses that make finished products from raw processed goods
5. Shares of ownership in a corporation
6. A type of business that buys goods in large quantities and sells them in smaller lots
8. An organization of businesses owned and operated by members who pool their resources and share the benefits
11. Business that acts as a go-between in moving goods from producers to consumers
13. Proprietorship Business owned by only one person
14. A business treated by law as separate from its owners
15. liability Full legal responsibility for a business

1. Businesses that change raw goods into more finished products
2. Business owned by one or more people who share the risks and rewards
4. A business that sells goods or services directly to the public
7. Liability financial responsibility of business owners only for what they have invested
9. A business that gathers raw products in their natural state
10. a contractual agreement to use the name and sell the goods or services of an existing company
12. profit organization A business whose main purpose is to provide a service rather than make a profit