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Which of these is an example of a utilitarian organization?
Regulatory Control
The oversight and enforcement of rules and regulations by a governing body to ensure adherence to lawful standards and protect public interests.
Sole Proprietor
The single owner of an unincorporated business, personally responsible for all debts and obligations of the business.
Good Will
The favorable reputation of a business that adds to its value, often considered an intangible asset.
Partnership
A lawful business arrangement involving two or more people who divide management responsibilities and profits.
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