Across
- 3. what size is a public limited company usually
- 4. two or more businesses agree to work together on a project and set up a separate business for this purpose.
- 5. the owners of a limited company
- 9. what do business partners usually invest?
- 11. liability what do business owners of an unincorporated business have?
- 15. what do business partners usually share?
- 16. what do business owners of an unincorporated business risk if the company fails?
- 17. the shareholders in a limited liability company which fails only risk losing the amount they have invested in the company and not any of their personal wealth.
- 18. a payment, out of profits, to shareholders as a reward for their investment.
- 19. a business that does not have legal identity separate from its owners. The owners have unlimited liability for business debts.
- 20. often a large company, owned by shareholders who have limited liability. The company can sell its shares to the general public.
Down
- 1. a business that is owned and controlled by just person who takes all of the risks and receives all of the profits
- 2. often a small to medium-sized company; owned by shareholders who have limited liability. The company cannot sell its shares to the general public
- 6. liability what do shareholders in a public limited business have?
- 7. non-current assets offered as security against borrowing
- 8. the finance needed when first setting up a business
- 10. besides risks, what does a sole trader receive if they succeed?
- 12. a business formed by two or more people who will usually share responsibility for the day-to-day running of the business. Partners usually invest capital in the business and will share profits
- 13. a business system where entrepreneurs buys the right to use the name, logo and product of an existing business.
- 14. what size is a private limited company usually