Asked by
Georgina Duncan
on Oct 22, 2024
Verified
One of the important decisions in starting a new business venture is choosing the legal form of ownership.
Legal Form
The type of legal structure chosen for a business, affecting liability, taxes, and regulations.
Ownership
The state or fact of possessing something, which can include tangible items like property or intangible assets like stocks and intellectual property.
- Acquire knowledge about the different models of business ownership and their impact on the functioning of businesses.
Verified Answer
PK
Learning Objectives
- Acquire knowledge about the different models of business ownership and their impact on the functioning of businesses.
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