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Chapter 5 terms

Martha Hyer

The answers will be terms from chapter 5

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Across
2.legal entity with authority to act and have liability separate from it owners
6.result of two firms forming one company
9.joining of two firms in the same industry
10.ownership in company
11.legal form of business with two or more owners
Down
1.is a business that is owned and managed by one person
3.the joining of two companies involved in different stages of related businesses
4.is a company that develops a product concept and sells others the rights to make and sell the product
5.person who buys a franchise
7.one company's purchase of the property and obligations of another company
8.business that is owned and controlled by the people who use it

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