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Questions and Answers
What type of business structure has the characteristic of limited liability for its shareholders?
Which type of business entity is a separate entity from its owners?
What business structure involves unlimited liability for the owner?
Which type of business structure is described as 'a business that is owned by its shareholders, run by directors'?
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Which business entity is determined by a legal framework that dictates the sharing of profits and losses, tax payments, and legal liability?
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