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Makayla developed an intense fear of flying five years ago when she was in a plane crash.The fact that today she can again fly without distress indicates that her fear has undergone
Voluntary Association
An organization created by individuals who voluntarily unite to pursue a common interest or goal without necessarily seeking profit.
Business Profit
The financial gain realized when the revenue generated from business activities exceeds the expenses, taxes, and costs associated with sustaining the business operations.
S Corporations
Corporations that elect a special tax status to pass income, losses, deductions, and credit through to their shareholders for federal tax purposes.
Separate Legal Entity
A legal structure that is distinct and independent from its owners, allowing it to own assets, incur liabilities, and enter into contracts.
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