Wednesday, December 9, 2009

Wednesday Bellwork

Sole proprietorship: A business organization that is unincorporated and has only one owner.

Partnership:A partnership is a type of business entity in which partners (owners) share with each other the profits or losses of the business

Corporation:an association of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members.

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