Across
- 5. the firm legally ceases to exist when the owner dies, quits, or sells the business
- 7. a combination of two or more businesses to form a single firm
- 8. basic ownership of a corporation, the owner of it usually receives one vote for each share of stock
- 10. a person who owns a part of the company
- 11. a check representing a portion of corporate earnings
- 14. a business jointly owned by two or more persons
- 15. a financial organization that accepts deposits from, and makes loans to, employees of a particular company or government agency
- 16. non profit organization of local businesses whose purpose is to promote their interests
- 17. amount borrowed
- 19. A business run and owned by one person
- 21. process of negotiation between union and management representatives over pay, benefits and job related matters
- 23. a government document that gives permission to create a corporation
- 24. Owner is personally and fully responsible for all losses and debts of business
Down
- 1. feature of taxation that allows stockholder dividends to be taxed both as corporate profit and as personal income
- 2. investor or municipal-owned companies that offer important products to the public: water, electric service
- 3. court- granted permission to an individual or business to cease or delay debt payments
- 4. at least one partner is not active in the daily running of the business, and whose liability for the partnership's debts is restricted to the amount invested in the business
- 6. a group of people in a specialized occupation that work to improve working conditions
- 9. one in which all partners are responsible for the management and financial obligations of the business
- 12. stock of finished goods and parts in reserve
- 13. a written promise to repay the amount borrowed at a later date
- 18. a form of business organization recognized by law as a separate legal entity having all the rights of an individual
- 20. an organization of workers formed to represent its members' interests in various employment
- 22. the price paid for the use of another's money
