Examlex
List and describe one challenge in College and University foodservice and describe one advantage.
General Partner
An owner of a partnership who is responsible for its operations and is liable for its debts without limitation.
Shareholder
An individual or organization that owns at least one share of a company's stock, making them a part owner of that company.
Unincorporated
Refers to a business or organization that hasn't been legally established as a corporate entity, and thus, its owners bear personal liability for its debts and actions.
Net Profits
The amount of money left after all operating expenses, taxes, interest, and preferred stock dividends have been deducted from total revenue.
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