Examlex
Match the person or term with the with the correct description.
-José Martí
Proprietorships
Proprietorships, or sole proprietorships, are businesses owned and operated by a single individual, with no legal distinction between the owner and the business entity.
Limited Liability
The liability of the owners of a corporation is limited to the value of the shares in the firm that they own.
Proprietorship
An unincorporated business firm owned by just one person.
Corporation
A legal entity that is separate from its owners, offering limited liability to its shareholders, and having the ability to enter into contracts, loan and borrow money, sue and be sued.
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