Across
- 3. legal entity owned by stockholders
- 4. owned by two or more person
- 8. company taxed on its profit and shareholders are taxed again
- 9. right to sell a good or service within a market
- 13. combine land, labor, and capital to create a market
- 14. don't operate for two purposes of generating profit
- 15. combination of two or more firms competing in the same market
- 16. repay borrowed money or intervals
- 21. :one person assets can be seized to pay business debt
Down
- 1. only one partner is required to be a general partner
- 2. death of an owner ends the business and its must be reestablished in new owner name
- 5. certificate of ownership in a corporation
- 6. establishment formed to carry on commercial enterprise
- 7. corporation cannot lose more than what they paid for their stock
- 10. Money and other valuable belonging to an individual
- 11. owned/managed by a single individual
- 12. two or more firms involved in different stages of producing same good or service
- 17. concept that everyone can compete in a market place
- 18. amount of goods available
- 19. legal bound obligations to pay debts
- 20. portion of corporate profits paid out to stockholders