Corporations – Corporate Structure and Advantages & Disadvantages

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Across
  1. 3. Payments made to shareholders from a corporation’s profits.
  2. 5. Profits are taxed at both the corporate level and again when paid as dividends.
  3. 6. A person who owns stock in a company.
  4. 11. A disadvantage of corporations where financial information and operations must be publicly disclosed.
  5. 13. The corporation continues to exist even if its owners change or pass away.
  6. 14. A business recognized by law as separate from its owners.
Down
  1. 1. Protection that prevents owners from being personally responsible for business debts.
  2. 2. Money used to operate or expand the business.
  3. 4. Chief executive responsible for managing operations.
  4. 6. A unit of ownership in a corporation.
  5. 7. Ownership that can be sold easily.
  6. 8. Trained professionals hired to run specific areas of a corporation, such as finance, marketing, or operations.
  7. 9. A group elected by shareholders to oversee major company decisions.
  8. 10. Government rules corporations must follow.
  9. 12. A separate legal business entity owned by shareholders.