Across
- 3. A business owned and operated by the provincial or federal government
- 5. A business operating in or involving several nations. Also known as a transnational
- 7. A business that buys goods and resells them to consumers
- 12. The parent company who grants the franchise and provides goods and/or services to the franchises
- 16. The part of a corporation’s profit after taxes that each shareholder receives
- 17. The formal name for a city or town
- 21. Borrowing money to finance operations of the business
- 24. A unit of ownership in a corporation A business owned by, but existing separately from, its shareholders
- 25. A group of individuals who run a corporation or co-operative and make decisions on behalf of the shareholders
- 26. A business directly owned by one person who receives all profits and is responsible for all liabilities
- 27. The most common form of partnership, in which the partners share in responsibility, decision making, and profits. However, the partners have unlimited liability for the debts of the business
- 28. A business owned by, but existing separately from, its shareholders
- 29. A unit of ownership in a corporation
- 30. A corporation with many shareholders, whose shares can be bought and sold on a stock exchange
Down
- 1. The legal document that establishes a partnership and each partner’s responsibilities
- 2. A business project that matches the skills of two individuals or businesses for mutual benefit
- 4. Responsibility for claims against the business that goes beyond the amount invested in the business and extends to one’s personal assets
- 6. A restriction on the extent to which the shareholders (owners) of a corporation are personally responsible for its debts, limiting their liability to the amount they originally invested
- 8. An agreement between businesses to commit resources to achieve a common set of objectives
- 9. A business owned by members who utilize the goods and services offered
- 10. A corporation owned by a small number of shareholders
- 11. A business that produces goods for sale
- 13. A process whereby one company combines with or takes over the ownership of one or more other companies
- 14. A business that provides a service to satisfy the needs or wants of consumers
- 15. An organization, often a charitable organization, that does not seek to make a profit from the operations of the business
- 18. A business with two or more owners who share the responsibilities and profits/losses
- 19. A person who runs a franchise operation and is under contract, or licensing agreement, with the franchiser
- 20. Raising money using the owner’s resources or money from investors
- 22. A partnership in which the liability of each partner is limited to the amount of his or her investment
- 23. A person who owns shares in a corporation; also called a stockholder