Across
- 2. A legal agreement to sell a parent company's product or services in a designated geographic area
- 7. The use of small amounts of capital from a large number of individuals to finance a new business venture
- 8. The skills of people who are willing to invest their time and money to run a business; the process of starting and operating your own business.
- 9. A business that is owned and operated by one person
- 10. A type of business ownership in which each partner shares in the profits and losses
- 11. A legal entity created by either a state or federal statuate, authorizing individuals to operate an enterprise
- 12. A type of investment in which the personal assets of the owners cannot be taken if a company does not meet its financial obligations or if it gets into legal trouble
Down
- 1. An owner of a corporation with limited liability
- 3. Someone who crates, launches, organizes, and manages a new business and takes the risk of business ownership
- 4. A legal agreement between two or more people to be jointly responsible for the success or failure of a business
- 5. A type of business ownership in which each limited partner is liable for any debts only up to the amount of his or her investment in the company
- 6. A type of investment in which the business owner's financial liability is not limited to investments in the business, but extends to his or her total ability to make payments