Types of Business Ownership

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Across
  1. 2. proprietorship Business owned by one person (two words).
  2. 5. with the legal authority to act as a single person.
  3. 8. Formed by a group to gain bargaining power.
  4. 10. Partner has an active role, unlimited liability.
  5. 12. Grants permission to sells its products and services as a business.
  6. 14. Type of liability in which you only lose your initial investment in the company.
  7. 15. Type of taxation on a corporation.
  8. 17. Partner has an active role, but unknown existence.
Down
  1. 1. Partner plays no role and is not known to public.
  2. 3. Partner has no role, but is known to public.
  3. 4. Type of liability in which you can lose all your assets.
  4. 6. Two or more persons to carry on as co-owners of a business for a profit.
  5. 7. Type of corporation that benefits the public and receives a tax break.
  6. 9. Abbreviation for a partnership with limited liability.
  7. 11. __________ of incorporation.
  8. 13. __________venture is a special project for a limited time.
  9. 16. agreement Partnership formed after they agree to conditions in a contract (two words).