Examlex
Which of the following is an example of a real shock?
Professional Corporation
A type of corporate structure available to professionals like lawyers, doctors, and accountants, which offers certain legal and financial protections.
Sole Proprietorship
A type of business where a single individual owns, manages, and is responsible for all aspects of the business, including liabilities.
Non-Profit Organization
An organization dedicated to furthering a particular social cause or advocating for a shared point of interest, without aiming for profit.
Managing Partner
The partner in a law firm who makes decisions relating to the firm’s policies and procedures and who generally oversees the business operations of the firm.
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