types of business ownerships

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ECONOMIC SYSTEM

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Forms Of Business

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Types of Businesses and Forms of Business Ownership

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Buisness

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types of business ownerships

Corporation

Sole Proprietorship

Defintion: A Sole Proprietorship is the simplest and most common business structure, it is a privately owned business by one individual who owns the business and is personally responsible for its debts.

Partnership

Subtopic

Co-operative