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Title to and possession of the assets of the enterprise the power to determine the policies of the operation and the right to receive.

Start studying Chapter 6. Our solutions are written by Chegg experts so you can be assured of the highest quality. Start studying Chapter 6 - Business Ownership and Operations. Creative freedom and personal satisfaction. As a business owner youll be involved in all aspects of your business. A situation where one company sells all or almost all of a product.
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On Entrepreneur Life This situation creates numerous opportunities to gain a thorough understanding of the various business functions.
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