Across
- 1. A legal right an owner has to make copies of their creative work
- 4. An asset or item that has been purchased in hopes of creating profit in the future
- 5. A type of business structure in which the business is owned and run by one person with no distinction between the business and owner
- 11. An estimate of the value of something on the open market, Business Valuation, The estimated worth of a business entity and their assets
- 14. Venture, A business entity created by two or more persons to fund a specific project
- 15. liability, Legal status in which a business person assumes full legal responsibility in order to pay off debts
- 16. A financial institution whose purpose is to make loans and receive deposits
- 19. A company or a group of people authorized to act as a single entity
Down
- 2. A form of intellectual property which grants it's owner exclusive rights to their invention
- 3. An agreement that unites two existing companies into one
- 6. The practice of a business hiring another business in order to perform services or provide goods
- 7. Capitalist, A private equity investor that is provided by venture capital firms in order to fund new businesses that have potential
- 8. Members recruited by an owner in which their sales also generate profit for the owner
- 9. The process of researching, advertising, selling, and distributing a product or service
- 10. A transaction in which people exchange goods or services for other goods or services
- 12. institution, A company whose focus is dealing with financial transactions
- 13. Marketing, A business model that depends on person to person transactions controlled by an independant representative
- 16. Plan, A detailed document that describes fundamental information about a business
- 17. Union, A financial institution similar to bank, with the difference being that it is member-owned and non-profit
- 18. Liability, Legal statues in which a person's financial liability does not exceed a fixed sum