Examlex
What did Reagan promote as part of his version of "new federalism"?
Profits
Financial gains obtained after deducting the costs, expenses, and taxes associated with doing business or an economic activity.
Sole Proprietorship
A business structure where a single individual owns and operates the business, personally responsible for all debts and legal actions.
Traditional Form
Traditional form refers to conventional or long-established ways of doing something, often contrasted with more modern methods.
Corporation
A legal entity that is separate and distinct from its owners, capable of conducting business, owning assets, and being liable for debts.
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