Examlex
The client's quality world consists of all of the following except:
Partnership
A legal form of business operation between two or more individuals who share management and profits.
Sole Proprietorship
A business owned and operated by a single individual, with no legal distinction between the owner and the business entity.
Owner's Equity
The residual interest in the assets of a company after deducting liabilities, representing the ownership's value in the business.
Merchandise
Goods that are purchased for resale at a profit as part of a business's retail operations.
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