Econ 2 - 1

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Across
  1. 3. medical, dental, life insurance - along with sick and vacation days on top of the base pay
  2. 5. another term for business, different type of business ownership
  3. 7. when responsibility is spread among many owners, partnerships and corporations
  4. 8. interest paid on top of stock price and shares, reward for holding onto the stock
  5. 10. people that own share of stock in a corporation
  6. 11. when a business name or logo lasts for a longer period of time - usually corporation
  7. 14. large business having a board of directors, CEO, shareholders, using limited liability
  8. 15. one person owning a business having unlimited liability or responsibility
Down
  1. 1. when two or more people own a business having limited liability spread among many
  2. 2. governing body of a corporation, appoints CEO, answers to the shareholders
  3. 4. when a business tracks what is bought and then sold -influenced by supply and demand
  4. 6. amount of money borrowed during a business or consumer loan transaction
  5. 9. extra money on top of principal usually bank profit, price paid for using another’s money
  6. 11. all responsibility whether good or bad - falls on a sole proprietorship or owner
  7. 12. when a business name or logo lasts only so long due to sole proprietorship
  8. 13. when a business or individual can’t pay off debt and expenses - file for Ch 11 or Ch 7