Chapter 8: Business Organizations

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Across
  1. 3. Partnership in which only one partner is required to be a general partner
  2. 4. An establishment fromed to carry on commercial enterprise
  3. 6. A partnership agreement
  4. 7. The legally bound obligation to pay debts
  5. 8. Act ordering common ownership interests, profit, and loss sharing, and shared managment responsibilities in a partnership
  6. 12. license to form a corporation issued by state government
  7. 14. A certificate of ownership in a corporation
  8. 15. Payment other than wages or salaries
  9. 16. A business owned and managed by a single individual
  10. 17. Law that in a city or town that designates seperate areas for residency and for business
Down
  1. 1. A formal contract to repay borrowed money with interest at fixed intervals
  2. 2. money and other valubles belonging to an individual or business
  3. 3. Partnership in which all partners are limited partners
  4. 5. corporation that sellls stock on the open market
  5. 9. a business organization owned by two or more persons who agree on a specific division of responsibilities and profits
  6. 10. Authorization to start a business issued by the local government
  7. 11. Partnership in which partners share equally in both responsibility and liability
  8. 12. corporation that issues stock to only a few people, often family members
  9. 13. a legal entity owned by individual stockholders