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Occurs When the Usual Conventions That Guide Social Behavior Are

question 114

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occurs when the usual conventions that guide social behavior are disrupted for some reason and people establish new, usually sudden, norms in response to an emerging situation.


Definitions:

Sole Proprietorship

A business structure where a single individual owns and operates the entire business, bearing all financial risks and responsibilities.

Partnership

A lawful business structure involving two or more people who distribute both the management responsibilities and the profits.

Sole Proprietorship

A business structure where a single individual owns and runs the business, responsible for all its debts and liabilities.

Debt Financing

Borrowing money that must be repaid over time, with interest.

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