Examlex
Dalila is two years old and is able to construct simple sentences with a noun and a verb.For example,if she wants to be held,she goes to her mother,holds up her arms,and says,"Mommy,up." This type of sentence is called
Sole Proprietorships
A business structure where a single individual owns, manages, and is solely responsible for all aspects of the business, including liabilities.
Unlimited Liability
The potential for an owner to lose more than has been invested in a business.
Double Taxation
A situation in which the same income is taxed twice; this often occurs with corporate income taxes where earnings are taxed at the corporate level and again when distributed as dividends to shareholders.
Start-Up Investment
Start-up investment refers to the initial capital required to start a new business, including costs for product development, market research, and operational expenses.
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