Examlex
Which of the following was a result of the Second Great Awakening?
Partnership
A business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in a partnership agreement.
Sole Proprietorship
A business in which one person (sole proprietor) controls the management and profits.
Entity Partnership
A business structure where two or more entities join together in partnership to conduct business.
Limited Liability Company
A corporate framework that merges the tax benefits of a sole proprietorship or partnership with the protective limited liability found in a corporation.
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