Examlex
Jennifer is a business system analyst with Company X and she was given the responsibility to engage into a set of activities to create a new system.Jennifer has completed several tasks already and she is now ready to propose a solution to her manager.Which stage is she in?
Sole Proprietorship
A business structure where a single individual both owns and runs the company, bearing unlimited liability for its debts.
Limited Liability Company
A corporate framework that merges the direct taxation benefit of partnerships or sole proprietorships with the corporation's advantage of limited liability.
Corporation
A legal entity that is separate from its owners, offering limited liability to its shareholders, and is able to own assets, incur liabilities, and enter into contracts.
Securities And Exchange Commission
A federal agency responsible for enforcing US federal securities laws and regulating the securities industry, stock and options exchanges.
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