Examlex
Salespeople, where the major objective is to persuade the customer to make a direct purchase, are referred to as which of the following?
Corporation
A legal entity that is separate and distinct from its owners, which can own assets, incur liabilities, and engage in business and legal activities.
Limited Liability
A legal structure that protects individual investors or company owners from being personally responsible for company debts and liabilities beyond their investment.
Stockholders' Equity
The ownership interest of shareholders in a company, calculated as the company's total assets minus its total liabilities.
Personal Assets
Assets owned by an individual as opposed to those owned by a business or an institution.
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