Examlex
Is the following statement TRUE or FALSE? Explain why you think so. ʺProteins are the only biomolecules capable of catalyzing bond formation.ʺ
Separate Legal Entity
An entity that is legally distinct from its owners or members, capable of having its own rights, duties, and obligations.
Business Organization
An entity formed for the purpose of carrying on commercial enterprise, including corporations, partnerships, and sole proprietorships.
Taxes
Compulsory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.
Sole Proprietorship
A business model in which a sole individual is the owner, manager, and bears the entire responsibility for the business’s liabilities and operations.
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