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10 October, 12:12

The primary disadvantage of wholly owned business is the

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  1. 10 October, 12:26
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    Another name for a wholly owned business would be a sole proprietorship. By definition, a sole proprietorship is a term used to characterise a certain type of economic structure wherein business does not belong to a corporation and is only owned by an individual. Among the disadvantages of a sole proprietorship include "unlimited liability."
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