The forms of organization excluding corporation that provides owners with limited liability Introduction: A particular organization in which the goods and services are exchanged for money is termed as a business . The core goal of a businessperson is to incur profits. The finance is an essential element for every business people. Moreover, there are different forms of business organization that are as follows: Proprietorship Partnership Limited Liability Company (LLC) Corporation

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Chapter 1.1, Problem 1.5RQ

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To discuss: The forms of organization excluding corporation that provides owners with limited liability

Introduction:

A particular organization in which the goods and services are exchanged for money is termed as a business. The core goal of a businessperson is to incur profits. The finance is an essential element for every business people. Moreover, there are different forms of business organization that are as follows:

Proprietorship

Partnership

Limited Liability Company (LLC)

Corporation

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