Examlex
Under the value-to-book model new projects will be less profitable only when:
Legal Entity
A legal entity refers to any company or organization that has legal rights and obligations, including the ability to enter into contracts, sue, and be sued.
Sole Proprietorship
A business owned and operated by a single individual, with no legal distinction between the owner and the business entity.
Sole Proprietorship
A sole proprietorship is a type of business structure where one individual owns and operates the business, bearing sole responsibility for its assets and liabilities.
Single Individual
Refers to one person, often in contexts emphasizing the role or impact of just one member within a larger group or system.
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