TMS Business Ownership 1

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Across
  1. 5. a person who pays a business to operate a business.
  2. 7. business owned by two or more people
  3. 9. partners have an unequal share of profits an dliability.
  4. 10. business owned and operated by one individual
Down
  1. 1. separate legal entity which forms a board to act as governing bodies
  2. 2. partnership share liability and profits equally.
  3. 3. individual or groups which own a business and its legal entities
  4. 4. law which allows a type of business to conduct business as a single unit (like a person)
  5. 5. right or license to sell a company’s product
  6. 6. wealth in the form of money or property
  7. 8. business which leases its trade name and operating procedure to another person.