Asked by
ikben eeniemand
on Oct 22, 2024Verified
A sole proprietorship is an individual or married couple pursuing business for a profit.
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.
- Comprehend the various types of business ownership and their effects on business activities.
Verified Answer
CF
Learning Objectives
- Comprehend the various types of business ownership and their effects on business activities.
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