Topic 5 voabulary 20 sg

4. A __ is a business organization owned and operated by a group of individuals for their shared benefit
5. More and more businesses are using __
6. Business owned by 2 or more people who agree on a division of responsibilities and profits
8. no specialized skills
11. One person hold the liability and the other invests the money
12. No owner, often run by a board
13. Function like a general partnership but each partner only has a limited amount of liability
14. Is when two or more firms competing in the same market join
16. Most complex form of business
17. very few stockholders

1. stocks bought and sold in financial markets
2. Business owned by one person
3. Decline of traditional strongholds
7. In reality very few _ occur in the US
9. Help corporations grow
10. is when 2 or more firms involved in different stages of production join together
15. Semi independent business that pays fees to a parent company for the exclusive right to sell something in an area