Examlex
Operating leases help to shift the risk of obsolescence from the user to the lessor.
Corporation
A business structure that creates an entity separate from its owners and managers.
Public Company
A corporation whose shares are traded openly on stock exchanges, subject to regulatory oversight and required to disclose financial and other significant information.
Certified Public Accountant
A designation given to an accountant who has passed a standardized CPA exam and met government-mandated work experience and education requirements.
Sole Proprietorship
A sole proprietorship is a business owned and operated by one person, where there is no legal distinction between the owner and the business entity.
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