Examlex
A ________ is a system of government in which states retain sovereign authority except for powers expressly delegated to a national government.
Geographical Location
The specific, physical place where something exists, defined by its latitude and longitude or its place in a larger area.
Sole Proprietorships
A business structure where a single individual owns and runs the business, bearing sole responsibility for its debts and liabilities.
Corporations
Business entities that are legally separate from their owners, providing limited liability protection, and able to own assets and incur debt.
Partnerships
A legal and operational agreement between two or more parties to manage and operate a business jointly, sharing its profits and liabilities.
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