Chapter 2- Types of Business

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Across
  1. 2. the extent to which shareholders are responsible for a company's debts.
  2. 4. an organization that is not meant to make a profit
  3. 6. a legal entity that exists independently of its owners, who are called shareholders
  4. 8. a business owned and operated by one person
  5. 14. small businesses operated from home
  6. 15. a type of business in which a person buys the right to use a business name and to sell a product or service
  7. 16. business owned and operated by a group of people with a strong common interest
  8. 17. does not have restrictions on its number of shareholders
Down
  1. 1. a person is responsible for paying all the debts, or liabilities, of the business
  2. 3. the duty to care for others whose actions can be affected in a damaging way
  3. 5. a legal business entity that exists independently of its owners
  4. 7. doing business internationally
  5. 9. a legal business entity in which shares are not offered to the public
  6. 10. standards of conduct that society believes people should follow
  7. 11. the people who buy shares in a company, are all part owners of the company
  8. 12. a form of business organization in which two or more people own and operate the business together
  9. 13. business one that is independently operated, not dominant in its field, and meets certain size limits in terms of employees