Chapter 5 - Business Types

4. Full ban on trade with a foreign country
7. A business that is a cross between a brick & mortar and a virtual enterprise
8. Businesses that sell directly to consumers
11. A business owned and operated by a single individual
15. Partner who assumes operations control and unlimited liability
16. Limits amounts of imports and exports
17. A traditional business serving customers in a physical building
20. A treaty that outlines the procedures for trade between two or more countries
21. An identification number given to businesses from the IRS for tax purposes

1. Partner who solely invests money in the business
2. A corporation that requires its owners to file their profits and losses on their personal tax returns
3. Businesses that sell products to other businesses
5. Most common type of corporation that is taxed independently from the owners
6. A type of business that is owned and managed by members of a group who benefit from services the business provides
9. A business owned by stockholders who share in profits and losses
10. A type of ownership that joins elements of a corporation and a partnership and the owners have limited liability and are not held accountable for company losses
12. A form of business owned by two or more individuals who share management and profits
13. A formal agreement between countries that states agreed-upon notions of international relations
14. A group of countries with limited trade restriction
18. Types of laws that declare government control
19. High taxes on imports and exports