Chapter 16: Forms of Business Crossword

A form of business that is owned and operated by one person.
A legal duty placed on a business owner that requires the owner to be responsible for all losses experienced by the business.
An association of two or more persons to carry on as co-workers of a business for profit.
Liability shared by two or more people.
When a partnership, or any legal entity, breaks up.
When a partner is no longer associated with the firm.
A partnership formed by two or more persons,with one or more general partners and one or more limited partners.
A registered partnership in which each partner is not liable for the acts of the other partners.
An entity with legal authority to act as a single person, distinct form its owners.
A single unit of ownership of a corporation.
An individual who owns shares of a corporation.
A legal document filed with the state to establish a corporation.
A corporation's official authorization to do business in a state.
An entity with the legal authority to act as a single person, distinct from its owners, and combines the best features of a partnership and a corporation.
When a government seizes a privately-owned business to be used for a public purpose.