Partnership - A business owned by two or more persons who share the risks and rewards., Stock - Shares of ownership in a corporation., Intermediary - Business that acts as a go-between in moving goods from producers to consumers, such as wholesalers, retailers, and distributors., Sole Proprietorship - A business owned by only one person., Corporation - A business treated by law as separate from its owners., Processors - Businesses that change raw goods into more finished products., Manufacturers - Businesses that make finished products out of raw processed goods., Unlimited Liability - Full legal and financial responsibility for a business., Limited Liability - Financial responsibility of business owners only for what they invested in a business., Franchise - A contractual agreement to use the name and sell the goods or services of an existing company., Nonprofit Organization - A business whose main purpose is to provide a service rather than to make a profit., Cooperative - An organization of businesses owned and operated by the members, who pool their resources and share the benefits., Producer - A business that gathers raw products in their natural state., Wholesaler - A type of business that buys goods in large amounts and resells them to other businesses in smaller lots., Retailer - A business that sells goods or services directly to the public.,

Forms of Business Ownership

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