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Forms of business ownership refer to the legal structures under which a business operates. There are several types of business ownership, including sole proprietorships, partnerships,
Forms of business ownership refer to the legal structures under which a business operates. There are several types of business ownership, including sole proprietorships, partnerships, corporations, and limited liability companies (LLCs). Each form of ownership has its advantages and disadvantages, and the choice of the form of ownership depends on various factors such as liability, taxation, and management structure. Critically evaluate the relevance of the advantages and disadvantages in light of current t
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