Examlex
Which of the following statements about sibling relationships is NOT true?
Sole Proprietorship
A sole proprietorship is a business owned and operated by a single individual, where there is no legal distinction between the owner and the business entity.
Distribution of Cash
The process of allocating cash dividends to shareholders based on the number of shares held.
Income-Sharing Ratio
The proportion at which partners in a partnership agreement divide profits and losses among themselves.
Winding Up
The process of dissolving a company, involving liquidating assets to pay off creditors and distributing any remaining assets to shareholders.
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