Across
- 5. a business that operates and pays taxes as a partnership but has limited liability for the owners
- 9. to make
- 12. where an exchange takes place between buyers and sellers
- 14. a number assigned by the IRS that is used for income tax purposes
- 15. people who buy shares of stock and are therefore the legal owner of the corporation
Down
- 1. a contractual agreement to sell a company’s products or services in a designated geographic area
- 2. the application to operate as a corporation
- 3. the owner of a business is responsible to pay the business debts out of personal assets
- 4. a written document that states how a partnership will be organized
- 6. a group of individuals who are responsible for overseeing the general affairs of a corporation
- 7. a business partner who has decision-making authority, takes an active role in running the business, and has unlimited liability
- 8. rules by which a corporation will operate
- 10. to choose
- 11. an organization that is owned and operated by its members
- 13. a business organization that operates as a legal entity, is separate from its owners, and is an individual person