Examlex
Starbucks charges by and large the same price worldwide, whether its coffee is sold in wealthy Western markets or poorer countries such as Thailand or China.
Limited Liability
This refers to a business structure where the owners' personal assets are protected from company debts and liabilities.
Sole Proprietorship
A company that is both owned and run by one person, with no separate legal identity between the proprietor and the business itself.
Separate Legal Entity
A business structure that is legally considered an independent entity separate from its owners, such as a corporation or LLP.
Limited Partnership
A partnership with general and limited partners.
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