Examlex
Explain the three types of reference group influence.
Legal Form
specifies the structure of an organization or entity in legal terms, including options such as sole proprietorship, partnership, corporation, and Limited Liability Company (LLC), each having distinct legal implications.
Partnership
A legal form of business operation between two or more individuals who share management and profits.
Sole Proprietorship
A business structure where a single individual owns, operates, and is responsible for all aspects of the business.
Partnership
An authorized business entity run by two or more partners who equally divide management duties and earnings.
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