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Consolidation Is the Process of Expanding Business Operations Through Licensing,franchising,or

question 89

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Consolidation is the process of expanding business operations through licensing,franchising,or acquisitions.


Definitions:

Access

The ability or right to approach, enter, or use something.

Limited Liability

A legal structure where a company's owners are protected from personal responsibility for its debts or liabilities.

Limited Partners

Investors in a limited partnership who are not involved in daily business operations and whose liability is limited to the amount of their investment.

Participates

To take part in or become involved in an activity or event.

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