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Questions and Answers
What is the main difference between a sole proprietorship and a partnership?
Which factor is NOT typically considered when choosing a business location?
What does a franchise business model involve?
In a cooperative business, who typically owns the business?
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What does it mean for a corporation to be considered an artificial 'person'?
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What is a key consideration when placing a proposed business in a strategic location?
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What information should be included in the 'Funding Requirement and Source' section of a business plan?
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Why is it important for the name of the owner to be properly stated in a business plan?
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What distinguishes a corporation from other forms of ownership like sole proprietorship and partnership?
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What role does ownership play in entrepreneurship?
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