Legal Structures Crossword Puzzle

Download and print this Legal Structures crossword puzzle. Use a pencil or pen to complete the puzzle by filling in the blanks. The completed answers are included, so you can easily check your progress.

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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

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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