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Contract Law
The branch of law that deals with the creation, enforcement, and termination of contracts between parties.
Sole Proprietor
An individual who owns and operates a business by themselves, bearing full responsibility for its debts and legal actions.
Limited Liability
A legal structure where a person's financial responsibility for a company's debts and obligations is restricted to a fixed amount, typically their investment.
Sole Proprietorship
A business owned and operated by a single individual, where there is no legal distinction between the owner and the business.
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