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Which of the Following Pairs of Alternatives Closely Resemble Each

question 25

Multiple Choice

Which of the following pairs of alternatives closely resemble each other in the amount of ownership, control and risk in international business?


Definitions:

Advantages

Benefits or favorable factors that contribute to the success and competitiveness of a business, product, or individual.

Disadvantages

Refers to the negative aspects or downsides that are associated with a particular decision, action, or scenario.

Limited Liability Company

A form of business organization that combines the taxation approach of a sole proprietorship or partnership with the limited liability aspect of a corporation.

Personal Liability

The legal responsibility of an individual to personally satisfy debts or liabilities incurred, including those arising from actions taken in a professional capacity.

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