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If the Corporate Form of Business Organization Has So Many

question 54

Essay

If the corporate form of business organization has so many advantages over the sole proprietorship,why is it so common for small businesses to initially be formed as sole proprietorships?


Definitions:

Louise Nevelson

An American sculptor known for her monumental, monochromatic, wooden wall pieces and outdoor sculptures.

Donald Judd

An American artist known for his contributions to Minimalism, characterized by his use of simple, repeated forms and industrial materials.

Visual Vocabulary

The set of elements used by artists to communicate ideas, emotions, and narratives through visual means, including line, color, shape, and texture.

Income Inequality

The unequal distribution of household or individual income across the various participants in an economy.

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