The Process of Initiating a Business Venture, Organizing It, and Assuming

question 27

Short Answer

The process of initiating a business venture, organizing it, and assuming its risks is known as _____.

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Definitions:

Incorporator

An individual or entity that establishes a corporation by filing the necessary legal documents with a governmental body.

Corporate Attributes

Characteristics that define a corporation, such as legal identity, transferability of shares, and perpetual succession.

Corporate Charter

A legal document that establishes a corporation, outlining its structure, purpose, and regulations under which it will operate.

Water Planning

The process of developing strategies and actions to manage and use water resources sustainably to meet current and future human and ecological needs.