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Margie Opened a Used Bookstore and Is Both the 100

question 18

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Margie opened a used bookstore and is both the 100 percent owner and the store's manager.Which type of business entity does Margie own if she is personally liable for all the store's debts?


Definitions:

Prostitution

The practice of engaging in sexual activity with someone for payment.

Status System

The stratification of individuals in a society based on various factors such as wealth, occupation, and education.

Pimps

Individuals who manage and profit from the prostitution of others, typically using manipulation, coercion, or violence.

Earnings

The amount of money that an individual or business receives in exchange for providing a good or service or through investing capital.

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