Examlex
Suppose that in the middle of January the weather is typically several degrees warmer than the rest of the month. Which of the following forecast methods would be used to predict this "January thaw" for the middle of January in the following year?
Legal Structure
Pertains to the type of legal organization an entity chooses for the formation of their business, such as a corporation, partnership, limited liability company (LLC), or sole proprietorship.
Sole Proprietorship
A business structure where a single individual owns, operates, and is personally responsible for all aspects of the business.
Legal Structure
The legal organization of a company, determining its legal personality, liability, and taxation methods. Examples include sole proprietorship, partnership, corporation, and LLC.
C Corporation
A business structure where the company is taxed separately from its owners, offering limited liability protection to its shareholders.
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