Across
- 2. reports all profits through its owners as personal income
- 3. a person will provide capital but will have no say in decision-making
- 5. serve an area comprising numerous counties, an entire state, or a number of states
- 6. a professional organization offering something that has real existence
- 8. resembles the traditional C corporation but is designed for a company with a sole owner/small group
- 10. creates a separate legal entity with assets/liabilities that are separate from the owners
- 14. extra money made by the corporation that is given back to the shareholders
- 18. owned and controlled by the people who use its services and whose benefits are derived and distributed equitably
- 19. providing money without contributing in the decision-making process
- 20. owns portions of the business or production process and adds value to the products for a higher return
- 21. the profit or loss of a business
- 24. the money you have invested in the business
- 26. individuals and business entities are members
- 27. a form of business where two or more people go into business together
Down
- 1. have a vote on company positions and decisions
- 4. operate in more than one country
- 7. have other cooperatives as members
- 9. is chartered by a state; acts as a separate entity from owners
- 11. a legal form of business offering set losses to owners to the point of their capital contribution
- 12. standardized units that divide portions of the business
- 13. a business entity with a single owner/operator
- 15. potential of losing all personal and business assets
- 16. operate in a single county
- 17. business relationship may be dissolved or modified at any time
- 22. signifies ownership in a corporation; also called shares
- 23. serve a major portion or most of the United States
- 25. sets the rights of the partners