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Legal Aspects of Busn: Ch 25 & 26

Name: _______________________________
Date: _____________________ Per.: _______
Across
Responsible for providing general guidance for the corporation
An association of two or more persons to carry on, as co-owners, a business for profit
A shareholder who does not wish to attend meetings can still vote by _______
A business owned by one person
When one corporation absorbs the other
Occurs when all of the business assets are sold, all debts are paid, and the corporate existence is ended
Distributions of profits earned by the corporation
Down
When two corporations cease to exist and a new corporation is formed
A legal entity that is treated as an artificial person by the law
Rules and regulations for the internal management of its affairs