Examlex
What is the significance of the Ka'bah?
Sole Proprietor
An individual who owns and operates a business by themselves, bearing full responsibility for its debts and legal actions.
Limited Liability
A legal structure where a person's financial responsibility for a company's debts and obligations is restricted to a fixed amount, typically their investment.
Sole Proprietorship
A business owned and operated by a single individual, where there is no legal distinction between the owner and the business.
Undisclosed Principal
A person who is represented in a transaction by an agent but whose identity is not revealed to the third party involved.
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