Examlex
Which of the following is a key word used by interviewers to elicit meaning?
Sole Proprietorship
A type of business structure where a single individual owns, manages, and is responsible for all aspects of the business, including debts.
Proprietor
The owner of a business or property.
Liabilities
Financial obligations or debts owed by a person or company to another entity, which must be settled over time.
Franchise Rule
is a regulation designed to provide prospective franchisees with the necessary information to make informed decisions about their investments in franchise operations.
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