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When reviewing the framework and characteristics of the contemporary company globe, the term 'company' regularly arises as a foundation concept. A firm is a legal entity distinct from its proprietors, having the exact same legal rights as an all-natural individual in regards to the capacity to enter agreements, finance and borrow money, take legal action against and be taken legal action against, own assets, pay taxes, and employ staff members. This entity can be composed of a solitary individual or a team of people, and i
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