Examlex
________ is actual output as a percent of effective capacity.
Proprietorship
A type of business ownership where the business is owned and run by one individual who has full control and responsibility.
Single Individual
A term referring to one person, often used in the context of single-person households or individual decision-making.
Double Taxation
The imposition of two or more taxes on the same income, asset, or financial transaction.
Limited Liability
A legal structure that limits the financial responsibility of the owners or shareholders of a company to the amount they have invested in the company.
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