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10 cards from this deck
Business acts as person in law; can sign contracts, sue/be sued
Independent exam of financial records to ensure accuracy
People chosen by shareholders to run the company
Portions of ownership in a company
Single-person business owned & operated by one individual
Business owned by 2+ people sharing profits, losses & duties
Cannot sell shares to the general public
Can sell shares to anyone on the stock exchange
Serve social purpose, not make profits for owners
As they grow and develop, their needs change over time
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