Examlex
Which of the following is true about external hiring?
Sole Proprietorship
A business owned and operated by a single individual, with no legal distinction between the owner and the business entity.
Legal Structure
Pertains to the type of legal organization an entity chooses for the formation of their business, such as a corporation, partnership, limited liability company (LLC), or sole proprietorship.
Sole Proprietorship
A business structure where a single individual owns, operates, and is personally responsible for all aspects of the business.
Legal Structure
The legal organization of a company, determining its legal personality, liability, and taxation methods. Examples include sole proprietorship, partnership, corporation, and LLC.
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