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Based on the Textbook, What of the Following Is One

question 12

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Based on the textbook, what of the following is one of the ways to discover your strength?


Definitions:

Legal Entity

Any organization that possesses separate legal personality from its members, such as corporations, partnerships, and sole proprietorships.

Personal Liability

The legal responsibility of an individual to bear the cost of damages or debt incurred through their actions or ownership.

Sole Proprietorship

A business owned and operated by a single individual, with no legal distinction between the owner and the business.

Business for Profit

Organizations that operate with the primary goal of earning financial returns for their owners or shareholders.

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