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Across 1. Double ________ of profits is a disadvantage of corporations. 9. A ________ has trouble finding employees 12. A __________ relative freedom from government regulations. 13. A ____________ is an example of a partnership . 14. A ____________ is an example of a proprietorship . 15. It is easy for a corporation owner to transfer ______________ . 16. When one owner dies the _____________ dies. 17. A ____________ is an example of a partnership . 20. In a __________ , availability of capital is an advantage 23. A __________ has freedom from government regulations 25. A ____________ is organized under state or federal statutes . 26. A ____________ is an example of a corporation . 28. A ____________ is an example of a proprietorship . 32. When a partnership goes out of business, the winding-up process is called the ___________ of a partnership. 33. There is no special taxation in a ____________. 34. A corporation is considered a ____________ under the law. 36. A __________ is owned by one individual. 37. A corporation has unlimited _____________ . 38. Unlimited liability & potential loss is a disadvantage of a __________ . 39. A ________ __________ is an individual or firm that provides equity financing for a new company.

Down 2. There is no special ___________ in a partnership 3. A ________ ________ occurs between partners for one project after which it dissolves. 4. A ________ has limited expertise in all areas. 5. It is easier for a corporation to get ________. 6. It is costly & complex to form a __________ . 7. There are diverse skills and expertise in a ____________. 8. A ____________ is an example of a corporation . 10. Profits must be shared among owners in a ____________ . 11. Unlimited liability & potential loss is a disadvantage of a __________ . 16. A ____________ easy and inexpensive to form 18. A partnership is created by a contract, known as the ________ __________ . 19. In a __________ profits all go to the owner. 21. It hard to raise capital for a _________ . 22. A ____________ is an association of two or more individuals. 24. In a __________ , direct control of business is an advantage. 27. A __________ easy and inexpensive to form & dissolve owner 29. A partner that is not involved in the day to day operations of the partnership is a ___________ __________ . 30. Potential conflicts between owners could be a problem in a __________ . 31. In a __________ a large personal time commitment is required. 35. A corporation has limited __________ .