Examlex
What is another name for undercurrents?
Sole Proprietorships
A business structure where a single individual owns and operates the entity, bearing all responsibilities and privileges.
Partnerships
A legitimate business setup where two or more partners manage the company and share its earnings.
General Partnership
A business structure where two or more partners share unlimited liability for the debts and obligations of the business.
Sole Proprietorship
A business structure owned by a single individual, where the owner and the business are legally considered the same entity, simplifying operations but also involving personal liability.
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