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Applet bytecode is sent to the user's computer and is invoked using the HTTP protocol.
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.
Partnership
A firm with multiple owners who share the profits and bear unlimited liability for the firm’s losses and debts.
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