Across
- 3. Not being partner,becomes liable to third parties for the repayment of the firms debts knowingly
- 5. Business Owned, managed and controlled by an individual
- 9. Creation of law and exists independent of its members
- 11. Initial investment for a company
- 13. Take actual part in carrying out business of the firm on the behalf of other partners
- 14. Members of the family in HUF
- 15. Head of HUF(eldest member of family)
Down
- 1. Allows the use of his/her by firm, helps unlimited liability
- 2. Owner is personally responsible for debts
- 4. Voluntary association of persons who join together with the motive of welfare of the members
- 6. Not being partner,becomes liable to third parties for the repayment of the firms debts unknowingly
- 7. At least one partner is unlimited whereas the rest may have limited liability
- 8. Whose association with the firm is unknown to the public
- 10. Also known as dormant partner
- 12. Written agreement of partners