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Match each business structure with its description. Tiles sole proprietorship partnership corporation limited liability corporation Pairs The business owners’ personal assets are protected from liabilities, but the business is not a separate tax entity. arrowBoth A single individual is personally responsible for all liabilities incurred by the business. arrowBoth One business owner may contribute less time and effort than the other, leading to disputes and bitterness. arrowBoth The business structure is strictly regulated by the government, requires an overwhelming amount of paperwork, and involves high start-up costs. arrowBoth

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The following business structure are matched with its description below:

  • A single individual is personally responsible for all liabilities incurred by the business _______sole proprietorship
  • One business owner may contribute less time and effort than the other, leading to disputes and bitterness._______ partnership
  • The business structure is strictly regulated by the government, requires an overwhelming amount of paperwork, and involves high start-up costs. _______ corporation
  • The business owners’ personal assets are protected from liabilities, but the business is not a separate tax entity.______ limited liability corporation

Meaning of Business Structure

A business structure can be as the legal structure of a business that determines its organogram, taxes, paperwork etc. in a particular country or state.

Business structure comes with its own benefits and disadvantages.

In conclusion, The business structures are matched with its description above

Learn  more about business structures: https://brainly.com/question/23879809

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