Examlex
Among Fortune 500 companies, which of the following compensation plans is most common?
Sole Proprietorship
A type of business ownership where a single individual owns, manages, and is responsible for all aspects of the business.
Limited Liability Corporation
An organizational form that integrates the single-level taxation characteristic of partnerships and sole proprietorships with the protective limited liability feature of corporations.
Debt Financing
Acquiring funds for business activities by borrowing money, typically through loans or by issuing bonds, that must be repaid with interest.
Entrepreneurial Start-Up
A newly founded company with innovative business ideas aimed at addressing unmet market needs or offering new solutions.
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