Examlex
-In the figure above, item 6 points to the ____.
Partnership
A business formed by two or more co-owners.
Corporation
A legal entity that is separate and distinct from its owners, capable of owning property, incurring debt, and being sued or suing.
Hybrid Partnership
A business organizational structure that combines features of both partnerships and corporations, allowing for flexibility in management and liability.
Limited Proprietorship
Likely referring to a Limited Partnership, a structure where there are one or more general partners with unlimited liability, and limited partners with liability restricted to their investment.
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