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Give three potential advantages that explain why corporations represent a small percentage of the total number of businesses in Canada, but dominate in terms of assets and dollar volumes of sales.
Marketable Securities
Financial instruments that can be easily converted into cash at a fair market value.
Accounts Receivable
Accounts receivable represent money owed to a company by its customers for goods or services that have been delivered but not yet paid for.
Restrictive Policy
Restrictive Policy is a monetary policy approach aimed at slowing down economic growth to curb inflation, typically by raising interest rates or reducing the money supply.
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