List the Phases of Memory

question 108

Essay

List the phases of memory. Now imagine that you are a server in a fancy restaurant and are expected to take orders without writing anything down. Explain how each of the phases of memory is crucial to your job.

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Definitions:

S Corporation

A type of corporation in the United States that is taxed under Subchapter S of the Internal Revenue Code, with profits passing through to shareholders to be taxed at individual income tax rates.

Sole Proprietorship

A business owned and operated by a single individual, with no separation between the business and the owner, legally or financially.

Partnership

A partnership is a legal business structure where two or more individuals share ownership, responsibilities, and profits or losses of the business.

Corporation

A legal entity that is separate and distinct from its owners, with rights to enter into contracts, loan and borrow money, sue and be sued.