Examlex
The main impact of digital technology on the competitive structure of industries during the 21st century has been:
Partnership
An official business arrangement where several individuals jointly manage the business and divide the profits among themselves.
Articles of Organization
Official papers submitted to state authorities to formally establish a limited liability company (LLC).
Limited Liability Company
A business structure that combines the pass-through taxation of a partnership with the limited liability of a corporation.
Certificate of Authority
A certificate of authority is an official document granting a company the license to do business in a particular jurisdiction outside of its original registration.
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