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Questions and Answers
Which type of business is owned and operated by a single natural person?
Which type of business is owned and operated by a single natural person?
- Corporation
- Sole proprietorship (correct)
- Partnership
- Limited liability company
Which of the following is NOT a type of business mentioned in the text?
Which of the following is NOT a type of business mentioned in the text?
- Non-profit organization (correct)
- Limited liability company
- Partnership
- Sole proprietorship
Which type of business is formed when two or more people join forces to conduct business?
Which type of business is formed when two or more people join forces to conduct business?
- Corporation
- Sole proprietorship
- Partnership (correct)
- Limited liability company
Which type of business is referred to as a group of people acting together as a single entity?
Which type of business is referred to as a group of people acting together as a single entity?
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What are owners of a corporation commonly referred to as?
What are owners of a corporation commonly referred to as?
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Which one of the following best defines logic?
Which one of the following best defines logic?
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What is the foundation of a logical argument?
What is the foundation of a logical argument?
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What are premises in a logical argument?
What are premises in a logical argument?
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What is an inference in the logic process?
What is an inference in the logic process?
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What is business logic?
What is business logic?
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