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10 cards from this deck
Legal structure of business - how it's owned and controlled
Personal assets can be used to pay business debts
One person owns, manages, and operates the entire business
Two+ people jointly own and operate a business together
Between 1 and 10 members maximum
Cannot sell shares to the general public
Can offer shares for sale to the general public
Provide essential public services, not purely for profit
Can earn money but cannot distribute profits to members
Shareholders only risk the money they invested in shares
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