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Economists generally consider the use of taxes as the most efficient way of solving pollution problems.
S Corporation
A type of corporation that is eligible for, and elects, special taxation status.
Shareholders
Individuals or entities that own shares in a company, giving them partial ownership and potentially a say in company decisions depending on the type of shares held.
Sole Proprietorship
A business owned and operated by a single individual, with no legal distinction between the owner and the business entity.
Legal Structure
Pertains to the type of legal organization an entity chooses for the formation of their business, such as a corporation, partnership, limited liability company (LLC), or sole proprietorship.
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