Examlex
The ________ has/have the ultimate responsibility in guiding corporate affairs and carrying out policies.
Franchisee
An individual or company that has acquired the rights to use a franchisor's brand and business model in a specific territory.
Wind Up
The process of concluding or finalizing the affairs of a business or an entity, leading towards its dissolution.
Sole Proprietorship
is a business structure where a single individual owns and operates the business, assuming sole responsibility for its debts and obligations.
Unlimited Liability
A legal structure in business where the owner's personal assets can be used to satisfy the business's debts and liabilities.
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