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A Business,such as Apple,doing Online Transactions with Its Trading Partners

question 33

Multiple Choice

A business,such as Apple,doing online transactions with its trading partners is an example of ________.


Definitions:

Legal Position

The stance or argument taken on a legal issue, often based on laws, precedents, and principles.

Partnership

A legal form of business operation between two or more individuals who share management and profits.

Partner

An individual who shares ownership of a business or an endeavor with one or more persons, often sharing in profits and responsibilities.

Profitability

The degree to which a business or activity yields financial profit or gain, often measured as a ratio of net income to revenue.

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