There Are Only Four Legal Structures to Form and Operate

question 175

True/False

There are only four legal structures to form and operate a business.

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Definitions:

Bonds

Financial instruments representing a loan made by an investor to a borrower, often a corporation or government, which pays interest over time and returns the principal at maturity.

Atoms

The smallest constituent unit of ordinary matter that has the properties of a chemical element.

Chemical Reaction

A change in the bonds between the atoms of different chemical elements or compounds.

Crankshaft

The shaft to which the pistons’ connecting rods are attached and through which power is transmitted from the engine to the transmission and ultimately to the drive wheels.