Examlex
A (an) __________ question is one in which respondents are allowed to answer in their own words.
Proprietor's Income
Income earned by the owners of unincorporated businesses, reflecting their compensation for services provided.
Sole Proprietorship
A business owned and operated by a single individual, with no legal distinction between the owner and the business.
Corporation
A legal entity distinct from its owners that can own assets, incur liabilities, and sell stocks to raise capital.
Partnership
A legal form of business operation between two or more individuals who share management and profits.
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