Corporations – Corporate Ownership and Forming a Corporation

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Across
  1. 1. Shares of ownership in a company.
  2. 3. Corporation operating in the state where it was incorporated.
  3. 7. Corporation chartered by another country but doing business in the U.S.
  4. 9. Even owning one ______ makes you part owner.
  5. 10. Adding this abbreviation after a business name does NOT guarantee success.
  6. 14. Legal documents that outline a corporation’s purpose and structure.
  7. 15. Main reason businesses choose to incorporate: ability to raise ______.
  8. 18. Legal contract filed with the secretary of state that officially creates a corporation.
  9. 20. An artificial person created by law with rights similar to a real person.
  10. 21. State also known for business-friendly incorporation laws.
  11. 22. Distribution of earnings to stockholders.
  12. 23. Corporations can still lose money and go ______.
Down
  1. 2. Type of corporation with few stockholders and not open to the public.
  2. 4. Corporation doing business in a state other than where it was incorporated.
  3. 5. Legal form allowing stockholders to transfer voting rights.
  4. 6. Stock that usually has no voting rights but gets dividends first.
  5. 8. People who own part of a company.
  6. 11. Corporation whose stocks can be bought or sold by anyone.
  7. 12. State known for being very corporate-friendly.
  8. 13. Another corporate-friendly state with low taxes.
  9. 16. Experts recommend hiring this professional when forming a corporation.
  10. 17. The most basic form of corporate ownership with voting rights.
  11. 19. Business leader who helped McDonald’s become successful.