Forms of Business Organization

1. A hybrid business form combining elements of partnerships and corporations with limited liability.
2. A system where each member has an equal say, common in cooperative societies.
4. The ability to manage and make decisions in a business.
7. Sharing The distribution of profits among partners or members of a business.
8. A society formed by individuals to achieve mutual economic benefits.
12. The units of ownership in a corporation.
13. The process by which ownership or management passes on to others in a business.
15. The state of having control or legal rights over a business or property.
17. The process of overseeing and making decisions for a business.
18. The head of a Hindu Undivided Family (HUF) business, managing operations and profits.
19. Liability The type of liability where owners or shareholders are only liable for the amount of their investment.

1. The legal responsibility for debts and obligations in a business.
3. A large business organization separate from its owners, offering limited liability.
5. A business form where two or more individuals share ownership and management.
6. Individuals who join together to form a cooperative or partnership.
9. Liability The type of liability where the owner or partners are personally responsible for business debts.
10. The potential for loss or failure in a business venture.
11. Venture A business arrangement where two or more parties work together on a specific project.
12. Proprietorship A business owned and managed by a single individual.
14. The financial resources needed to start and run a business.
16. A traditional business form in India where a family runs the business with the head (Karta) in charge.