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Thread: Basic forms of ownership

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    Basic forms of ownership

    Although forms of business ownership vary by jurisdiction, there are several common forms:
    Sole proprietorship: A sole proprietorship is a business owned by one person. The owner may operate on his or her own or may employ others. The owner of the business has personal liability of the debts incurred by the business.

    Last edited by bogart; 5 September, 2009 at 12:10 PM. Reason: Links removed. Please don't spam. Thanks.

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