Forms of Business Ownership

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Across
  1. 3. Neither seen nor active in the business
  2. 5. A Separate legal entity from owners
  3. 6. A consideration for choosing a business formation
  4. 9. All partners have limited liability
  5. 10. Two or more owners in this formation
  6. 11. Do not pay taxes on corporate income.
  7. 13. Creation of name, address, method of management,etc
  8. 15. Taxes charged on company's profits and on shareholders' dividend.
Down
  1. 1. Provision governing the business is conducted
  2. 2. Simplest for of business ownwership
  3. 4. Limited liability for business debts
  4. 7. Companies that are traded on the stock exchange
  5. 8. Seen but not generally active in the business
  6. 12. Shares are held by a small number (family, friends, etc)
  7. 14. Factor affecting formation choice