Examlex
Which of the following is considered an individual incentive?
Legal Entity
An organization that has legal rights and obligations, including the ability to enter into contracts and sue or be sued.
Entrepreneurs
Individuals who create, organize, and operate a business or businesses, taking on greater than normal financial risks in order to do so.
C Corporation
A type of corporate structure where shareholders are taxed separately from the corporation, characterized by potential double taxation on earnings and dividends.
LLC
Limited Liability Company, a business structure in the U.S. that protects its owners from personal responsibility for its debts or liabilities.
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