Examlex
The sole proprietorship is usually the practical choice as a form of business organization for a new small business.
Low Risk
Refers to investments or decisions that carry a minimal potential for losing value or experiencing negative outcomes.
Insurance Company
A business entity that provides financial protection and risk management to individuals and organizations against potential losses in exchange for premium payments.
Low Risk
Describes investments or activities with a low probability of loss or failure.
Co-Payments
A fixed fee that a patient pays for healthcare services, in addition to what is covered by insurance, often used to share the cost of care.
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