Examlex
A measure is ______ if it provides the basis for decisions at the level at which it is applied.
Corporation
A legal entity that exists separately from its owners.
Legal Entity
Any organization that possesses separate legal personality from its members, such as corporations, partnerships, and sole proprietorships.
Personal Liability
The legal responsibility of an individual to bear the cost of damages or debt incurred through their actions or ownership.
Sole Proprietorship
A business owned and operated by a single individual, with no legal distinction between the owner and the business.
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