Across
- 2. ...liability: A condition in which a person is responsible for paying all the debts or liabilities of the business.
- 3. Businesses owned and operated by a group of people with a strong common interest.
- 6. Standards of conduct that society believes people should follow.
- 7. ...business: A business that is independently operated, not dominant in its field, and meets certain size limits in terms of employees and annual sales.
- 8. ...corporation: A legal business entity that exists independently of its owners. Crown indicates that it is owned by federal, provincial, or municipal governments. It usually provides a special service to the public.
- 9. A form of business organization in which two or more people own and operate the business together. The business is unincorporated.
- 11. ...agreement: Written contract between the franchise seller and buyer. Franchise agreements generally permit the franchisee to use the franchisor´s name, products and packaging. The franchisor will usually specify how the franchise is to be operated, what products are to be sold, how the advertising is to be done and so on.
- 13. ...liability: The extent to which shareholders are responsible for a company´s debts. It is the same as their financial involvement.
Down
- 1. Doing business internationally.
- 3. A legal business entity that exists independently of its owners.
- 4. ...corporation: A legal business entity in which shares are not offered to the public.
- 5. People who buy stocks in a company and so are part owners of the company.
- 7. ...responsibility: The duty to care for others whose actions can be affected in a damaging way.
- 9. ...corporation: Does not have restrictions on its number of shareholders.
- 10. ...corporation: A legal business entity that is not organized to make a profit. Purpose is to undertake fundraising, do research or lobbyfor a cause in order to help people.
- 12. ...proprietorship: A form of business owned and operated by one person. It is unincorporated.