Across
- 2. A contractual arrangement with a franchisor.
- 3. The exchange of goods and services for other goods and services without the use of money.
- 5. These are intangible products.
- 9. Deed A written legal document that contains an agreement made between two individuals who have the intention of doing business with each other and share profits and losses.
- 10. This is a facility provided by banks that enables their customers to use the telephone to access some services.
- 11. This occurs when the total revenue of a business in a trading period exceeds total cost.
- 12. Shares The most common type of share.
- 13. A written document that provides all material information about an offering of securities.
- 14. Few employees, less machinery/capital, more likely to fail.
Down
- 1. A certificate issued by the registrar of companies to a public company without which the company may not do business or exercise.
- 4. Represents the charter of the company.
- 5. Partner A person who provides some of the capital for a business, but doesn't take an active part in managing the business.
- 6. A business owned and run by its members.
- 7. The most common type of share.
- 8. This is a printed order for payment of a specified sum and facilitated by a bank or post office.