Across
- 4. not established for the purpose of making a profit; not entered into for money
- 7. liability the liability of the owner of a business for all the obligations of the business; an owner's personal assets can be seized if the business's assets are insufficient to satisfy claims against it
- 8. an intermediate agent or agency; a go-between or mediator
- 10. a business organization that is unincorporated and has only one owner
- 12. a business that sells goods in quantity to retailers for resale
- 13. an association of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members
- 14. most companies are treated as C corporations for federal income tax purposes
- 15. a supply of goods kept on hand for sale to customers by a merchant, distributor, manufacturer, etc.; inventory
- 16. a person/business that sells goods to ultimate consumers, usually in small quantities
- 17. the right or license granted by a company to an individual or group to market its products or services in a specific territory
Down
- 1. a person, an enterprise, or an entity that manufactures something
- 2. a person/business who creates economic value, or produces goods and services
- 3. something for which one is liable; an obligation, responsibility, or debt
- 5. business a business involving the provision of a service to consumers
- 6. in most cases, the income is not taxed under the federal income tax law; the income or loss is applied to each shareholder and appears on their tax return
- 9. a liability restricted by law or contract, as the liability of owners of shares in a corporation or limited company, or that of a special partner
- 11. an association of persons joined as partners in business