From the following clues relating to topic matters covered for the different types of businesses, complete the crossword in figure 1.4.

Across 5 The liability of a sole trader and the partners in a partnership is . . . . . . . . . .

6 They usually run and manage the partnership.

8 How much capital is contributed and how profits are shared among partners is usually written in the partnership . . . . . . . . . .

9 A . . . . . . . . . . partner does not take part in the running of the partnership.

12 The company is owned by them.

13 A . . . . . . . . . is owned by between two and 20 people.

14 A business owned by one person is a . . . . . . . . . . . . . . . . . . . . (2 words).

15 The last word in a company’s name is . . . . . . . . . .

Down 1 This Act regulates companies.

2 The abbreviation for limited.

3 They manage the company on behalf of the shareholders.

4 The abbreviation for proprietary.

7 The liability of a shareholder is limited to the amount, if any, unpaid on their . . . . . . . . . .

10 A company owned by between one and 50 people is a . . . . . . . . . . limited company.

11 If a sole trader operates a business using other than their own name as the business name, then the name of that business must be . . . . . . . . . .

13 This type of company is listed on the Australian Securities Exchange.

Transcribed Image Text:

9 8 12 14 6 13 5 10 3 15 7 4 2 11