Types of business

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Across
  1. 3. An incorporated, limited type of business organization that only allows shares to be sold to invited shareholders.
  2. 5. The business organization that buys the rights to use the company's brand name, business name, production method, etc.
  3. 10. When, for the first time, shares of a public limited company are made available through the stock market.
  4. 13. A partner with unlimited liability
  5. 14. owner/s are personally and fully responsible for all losses and debts of the business
  6. 15. These are people who have shares in the company, but do not run or manage the company.
  7. 16. When the owners of a business and the business itself are separate legal identities, in addition to having limited liability.
  8. 18. A partner with limited liability
  9. 20. The liability on business owners to repay all of the debts of their business
  10. 21. These are people who are major shareholders in the company but who also have control over it; they are elected by other shareholders in the AGM.
Down
  1. 1. An annual meeting between directors and shareholders of a company to vote on major company decisions, to inform them on company performance, elect new directors, etc.
  2. 2. An incorporated, limited type of business organization that allows shares to be sold to the public through the stock market.
  3. 4. A contractual agreement between two or more business organizations to run a new business project.
  4. 6. An unincorporated, unlimited type of business organization that is owned and controlled by one person who also receives all profits.
  5. 7. The company that allows the distribution of its goods and services; it usually is well-known, has an identity with a market and brand name for its product.
  6. 8. An unincorporated, unlimited type of business organization that is owned, financed and run by 2 to 20 people that also requires a deed of partnership to be used.
  7. 9. When investors only repay for the capital they've invested in the business.
  8. 11. When the owners of a business and the business itself are one legal identity, in addition to having unlimited liability.
  9. 12. few legal requirements
  10. 17. An agreement between a company with another business organization to allow the distribution of the company's goods and services and the use of its brand name or trademark through the other business organization;
  11. 19. agreement between the franchisor and the franchisee to allow product distribution.