Types of business ownership

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Across
  1. 9. a partial share in a company
  2. 10. shares the liability among the owners, protecting them from the mistakes of their partners
  3. 12. profits can't be distributed to the members of the organization
  4. 13. when someone does business activites but doesn't register as another kind of business
  5. 14. all profits and losses are passed on to the stockholders
Down
  1. 1. separates the owners personal and professional assets
  2. 2. there is no limit to the liability and the owners take full responsibility for the companies' debts
  3. 3. is its own entity kept separate from its owners
  4. 4. a private business owned and operated by the same people that use its products and or services
  5. 5. being responsible for something by law
  6. 6. has one partner with unlimited liability while everyone else involved has limited liability
  7. 7. stocks are owned by people that are closely related to the business
  8. 8. a person's liability is limited to a fixed sum, which usually reflects their investment in the business
  9. 11. have the goal of providing a public benefit, but they also want to see a profit