Across
- 1. easily transferable
- 5. has to be paid back with interest
- 6. who is responsible for the debts of the business?
- 11. owners personal belongs at risk
- 12. this form of ownership allows for financials to be confidential
- 13. public companies are listed on the ______
- 15. procedures to follow when closing down
- 17. another name for capital goods
- 18. money contributed from the owners savings
- 19. better to have it written
Down
- 2. accountants check the financial records of the business
- 3. sole trader takes 100%
- 4. the business will carry on
- 7. portion of the company's profits paid out to shareholders
- 8. if one partner makes a bad decision, the other partners will be affected
- 9. recognised by the letters '(Pty) Ltd'
- 10. allowed any number of shareholders, over 7
- 14. partnerships allow for more ________ in the business
- 16. responsibilities, workload & risk is ______ between partners