Examlex
Entrepreneurs must repay the money sourced through angel investors.
Proprietorship
A business model where a single individual owns the company and is responsible for its assets and liabilities, also known as a sole proprietorship.
Single Individual
Refers to one person acting in a capacity, either personally or legally, without partnership or company.
Business
An organization involved in the trade of goods, services, or both to consumers.
Capital Deficits
Refers to a situation where a company's liabilities exceed its assets, indicating financial weakness or distress.
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