Chapter 8 section 1 & 2

Edit Answers
123456789101112
Across
  1. 6. partnership in which all partners are limited partners.
  2. 7. authorization to start a business issued by the local government.
  3. 9. a business owned and managed by a single individual.
  4. 11. acts ordering common ownership interests, profit, and loss sharing, and shared management responsibilities in a partnership.
  5. 12. the legally bound obligation to pay debts.
Down
  1. 1. a partnership agreement.
  2. 2. partnership in which partners share equally in both responsibility and liability.
  3. 3. payment other than wages of salaries.
  4. 4. money and other valuables belonging to an individual or business.
  5. 5. An establishment formed to carry on commercial enterprise.
  6. 6. partnership in which only one partner is required to be a general partner.
  7. 8. law in the city or town that designates separate areas for residency and for business.
  8. 10. a business organization owned by two or more persons who agree on a specific division of responsibilities and profits.