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Sole proprietorship

a business that has a single owner, who takes all the risks and receives all the profits



  • example = there own business

Corporation

  • a business in which invest own shares of stock and have limited liability.



  • example= factory

unlimited liability

  • a situation in which a business owner is responsible for all the businesses debts.

dividend

  • a shareholder share of a corporations profits.

which is most common??

  • sole proprietorship