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Questions and Answers
A corporation is an organization authorized by the state to act as multiple entities .
A corporation is an organization authorized by the state to act as multiple entities .
False
Job creation can occur when businesses expand or industries experience growth.
Job creation can occur when businesses expand or industries experience growth.
True
Sole proprietorships are businesses owned and operated by multiple individuals.
Sole proprietorships are businesses owned and operated by multiple individuals.
False
Partnership businesses are always owned and operated by a single individual.
Partnership businesses are always owned and operated by a single individual.
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Economic growth is a key indicator of a country's overall prosperity and development.
Economic growth is a key indicator of a country's overall prosperity and development.
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Establishing a business enterprise does not involve strategic decision-making.
Establishing a business enterprise does not involve strategic decision-making.
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The purpose of establishing business enterprises is solely to fulfill a specific purpose, not to generate profit.
The purpose of establishing business enterprises is solely to fulfill a specific purpose, not to generate profit.
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Job creation refers to reducing employment opportunities within an economy.
Job creation refers to reducing employment opportunities within an economy.
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A corporation can only be formed by a company, not a group of people.
A corporation can only be formed by a company, not a group of people.
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Economic growth refers to a decrease in a country's production of goods and services over time.
Economic growth refers to a decrease in a country's production of goods and services over time.
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