Across
- 1. A contractual agreement between two or more business organizations to run a new business project is called ....
- 3. Firms funded by taxes on the private sector to provide essential goods and services (e.g. water, electricity, education, etc.)
- 5. What is the term for an agreement between the franchisor and the franchisee to allow product distribution.
- 10. When investors only repay for the capital they've invested in the business.
- 11. abbreviation for Private Limited Company
- 14. When the owners of a business and the business itself are separate legal identities, in addition to having limited liability.
- 16. What is the name of the company that allows the distribution of its goods and services and usually is well-known, has an identity with a market and brand name for its product?
- 18. How is 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. called?
- 19. When, for the first time, shares of a public limited company are made available through the stock market.
Down
- 2. The owner/s are personally and fully responsible for all losses and debts of the business
- 4. When the owners of a business and the business itself are one legal identity, in addition to having unlimited liability.
- 5. The business organization that buys the rights to use the company's brand name, business name, production method, etc. is called ....
- 6. A partner with unlimited liability is a ....
- 7. A partner with limited liability is a ....
- 8. Who 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?
- 9. abbreviation for public Limited Company
- 12. A partner that only provides money and receives profit returns but isn't involved with management is called A ....
- 13. 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.
- 15. What is an unincorporated, unlimited type of business organization that is owned and controlled by one person?
- 17. These are people who have shares in the company, but do not run or manage the company.