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Name and Describe the Three Forms of Businesses and Their

question 75

Essay

Name and describe the three forms of businesses and their advantages and disadvantages (if any).


Definitions:

Deviate

To depart from an established course or norms.

Sanctioned

refers to actions that have been officially approved or authorized.

Figurehead

A person who holds a titular position of importance but lacks real power or authority.

Maypole

Traditionally, a pole decorated with streamers that are held by individuals as they dance around it during celebrations, often associated with May Day.

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