Examlex
Identify the true statement about intranets.
Limited Liability
A legal structure that limits the financial liability of investors or owners to the amount they have invested in a company, protecting personal assets.
Transferability of Ownership
The capability to legally transfer the title or ownership of an asset or property from one entity to another.
Sole Proprietorship
A business structure in which a single individual owns and operates the business, bearing sole responsibility for its debts and obligations.
Corporation
A legal entity owned by stockholders whose liability is limited to the value of their stock ownership.
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