Resource title

Corporate Ownership

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Resource description

Corporate ownership is one of three broad categories of legal ownership of a business, the other two being sole proprietorship and partnership. In a sole proprietorship, the owner is personally liable for his or her business's debts and losses, there is no distinction made between personal and business income, and the business terminates upon the death of the owner (unless some specific arrangement is made for someone to inherit the business).

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Resource publish date

Resource language

en

Resource content type

text/html

Resource resource URL

http://www.referenceforbusiness.com/encyclopedia/Con-Cos/Corporate-Ownership.html

Resource license

Copyright © 2011 Advameg, Inc.