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The Higher the Reliability Coefficient, the Lower the

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The higher the reliability coefficient, the lower the

Comprehend the differences in liability, taxation, and ease of ownership transfer among different forms of business organization including sole proprietorships, partnerships, and corporations.
Recognize the effects of converting a business from a partnership to a corporation.
Identify the factors influencing firm and market organization, including regulations and tax implications.
Understand the concept of primary and secondary financial markets and the role of financial intermediaries.

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