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sole trader- business owned by one person. he has unlimitd liability,
partnership- business owned by more than one person. the owners are also called partners and have unlimited liability.
company(limited liability company)- has many owners (shareholders) and they have limited liability. the max amount they’re liable to is their capital.
stock exchange- A stock exchange is an entity which provides “trading” facilities for stock brokers and traders, to trade stocks and other securities. Stock exchanges also provide facilities for the issue and redemption of securities as well as other financial instruments and capital events including the payment of income and dividends. The securities traded on a stock exchange include shares issued by companies, unit trusts, derivatives, pooled investment products and bonds.
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