Examlex
In the 1970s,why did large numbers of listeners flock to FM stations?
Unlimited Liability
A legal structure in which owners are personally and fully responsible for all debts and liabilities incurred by the business.
Personal Assets
Assets owned by an individual as opposed to those owned by businesses or governments, including tangible and intangible items.
Original Capital Investment
The initial sum of money used to start a business or investment, often used for assets, inventory, and other startup costs.
Net Income
The total profit or loss of a company after all revenues and expenses have been accounted for, often referred to as the bottom line.
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