chapter 3 vocab

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Across
  1. 4. legally defined type of business organization in which at least two individuals share management
  2. 5. a business owner cannot be legally forced to use personal money and possessions
  3. 7. legally defined type of business ownership in which the business is considered a "person" under the law, and limited liability is granted business
  4. 10. business that converts materials into goods suitable for use and sell goods to others
Down
  1. 1. legal obligation of a business owner to use personal money and possession to pay the debts of the business
  2. 2. a legal document that clearly define how the work, responsibilities, rewards, and liabilities
  3. 3. is a legally defined type of business ownership in which a single individual owns the business.
  4. 6. business arrangement in which an established company sells the right for others use the company's name and operating plan to sell products.
  5. 8. business that buys goods often from wholesalers and resell them directly to the consumers
  6. 9. provided service to customers for a fee