Chapter 3.2 Types of Ownership

1234567891011121314
Across
  1. 1. Two or more individuals legally share this type of business.
  2. 2. In this type of 9 D, the owner cannot be legally forced to pay a busines's debts.
  3. 4. Business owned and operated for the benefit of its members.
  4. 5. To set up a 2 D so it can be regulated by the laws of its state.
  5. 6. Owner of a corporation
  6. 8. What D.B.A. stands for.
  7. 11. Unlike a C corporation, a ________________ S corporation is not taxed twice.
  8. 12. In this type of 9 D, the owner can be legally forced to pay a business's debts.
Down
  1. 1. With 14 D, type of business in which the owner personally bears legal and financial responsibility.
  2. 3. Corporate decision-making is made by a board of __________.
  3. 7. The business itself is legally a type of "person" in this type of ownership.
  4. 9. Unit of ownership in a corporation is a _____________ of stock.
  5. 10. With 10 A, type of business in which the owner bears all legal and financial responsibility.
  6. 13. Legal responsibility of a business owner to use personal assets to pay the debts of the business.
  7. 14. Portion of profit that owners of 8 ACROSS may earn.