Legal Structures Crossword Puzzle
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QUESTIONS LIST:
- sole trader : a business owned and operated by one person who takes all the risks and rewards
- partnership : a business owned by two or more people sharing responsibility and profit
- ltd : a type of private limited company where shares are not offered to the public
- plc : a company whose shares can be bought and sold by the public on the stock exchange
- ipo : the first time a company sells its shares to the public, becoming a plc
- liability : the legal obligation a business or its owners have to settle debts or financial commitments
- cooperatives : organisations owned and run by and for their members, who share the profits
- incorporated : a business that has a separate legal identity from its owners
- unlimited : a type of liability where the owner is personally responsible for all business debts
- limited : a type of liability where the owners’ personal assets are protected
- dividend : a portion of a company’s profit paid to shareholders as a reward
- shareholder : a person or organisation that owns part of a company through owning shares
- memorandum : a document that sets out the constitution and scope of a company
- articles : the rules governing the internal management of a company
