FORMS OF OWNERSHIP

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