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What are the two key components of the frequency factor?
Partnership Agreement
A written agreement between business partners outlining the rules and responsibilities within the partnership.
Sole Proprietorship
A business structure where a single individual owns, manages, and is responsible for all aspects of the business.
State
A political entity characterized by a defined territory, population, and government with sovereignty over its domestic and international affairs.
Sole Proprietorships
A form of business entity owned and run by one individual where there is no distinction between the owner and the business.
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