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In a cooperative, each member gets one vote at the annual me…

In a cooperative, each member gets one vote at the annual meeting for each share he or she owns.

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In a general partnership, all partners have unlimited liabil…

In a general partnership, all partners have unlimited liability for the firm’s debts.

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Because there are so many owners, a corporation is run by

Because there are so many owners, a corporation is run by

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A partnership is a business owned by

A partnership is a business owned by

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If a corporation earns a profit of $200 000, and $50 000 is…

If a corporation earns a profit of $200 000, and $50 000 is to be distributed to 500 shareholders, the owner of one share will receive a dividend of

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A private corporation raises money by making shares availabl…

A private corporation raises money by making shares available to thousands of people through selling stocks on the stock exchange.

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Debt financing is money…

Debt financing is money…

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The Vengo vending machines cost $2500 to make and they are s…

The Vengo vending machines cost $2500 to make and they are selling them for $2500. 

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In a limited partnership, partners are only responsible for…

In a limited partnership, partners are only responsible for paying back the amount they invested in the partnership.

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Vengo is a cashless vending machine company.

Vengo is a cashless vending machine company.

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