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Explain the Meaning of the Business Entity Concept

question 81

Essay

Explain the meaning of the business entity concept.


Definitions:

Monogamy

The practice of being married to one person at a time.

Polygamy

The practice of having more than one spouse at a time, not legally recognized in most countries.

Stigma

A mark of disgrace or infamy; a sign of severe social disapproval that significantly impacts an individual's or group's reputation.

Discrimination

Discriminatory behavior that unfairly targets various groups based on race, age, gender, or physical ability.

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