Chapter 2: Types of Businesses

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Across
  1. 8. an owner of shares in a company
  2. 10. a business owned by a sinlge person
  3. 11. A unit of ownership in a corporation
  4. 12. Shareholders may receive a share of a company's profits in the form of this
  5. 14. a _______ outlines the terms in a partnership
  6. 17. Raises money by making shares available to the public through the stock exchange- each share owned gives the shareholder one vote
  7. 18. A business owned the workers or members who buy the goods or services of the business
  8. 19. the sharing of costs and responsibilities between two or more owners is considered a ______________
  9. 20. owns the overarching company, trademarks, and products, but gives the right to the franchisee to run the franchise location, in return for an agreed-upon fee.
Down
  1. 1. A business owned or operated by the provincial or federal government
  2. 2. In a ________ each partner's liability is limited to the amount of his or her investment.
  3. 3. the biggest disadvantage of sole propreitorship is that the proprietor has ______________ and is fully responsible for all of the losses of the business
  4. 4. A city, town, village, or county that has been incorporated by a A city, town, village, or county that has been incorporated by a province
  5. 5. an elected group of individuals that represent shareholders.
  6. 6. person(s) who runs and operates a franchised company
  7. 7. Subtracting costs and expenses from ________ determines whether a business has turned a profit or a loss.
  8. 9. Starting a business using investor's money is an example of this
  9. 13. Getting a bank loan to start a business is an example of this
  10. 15. In a _______ all partners have unlimited liability for the firm's debts.
  11. 16. Only a few people control all the shares and control the business- shares are not listed for sale to the public on stock exchange