Corporations and Business Structure
VerifiedAdded on 2023/01/17
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AI Summary
This article discusses the different types of business structures, including sole traders, partnership firms, and proprietary companies. It explores the advantages and limitations of each structure and the administrative burdens involved. The article also delves into the duties of partners in a partnership firm and directors in a company, highlighting their responsibilities and liabilities. Overall, it provides a comprehensive overview of corporations and business structure.
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