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Agricultural Economics

For this reason, a relatively new enterprise structure, a limited liability firm , is available; this construction combines the pass-through taxation benefits of a partnership with the limited-liability benefits of an organization. A corporation is a enterprise by which a bunch of individuals acts together as a single entity; mostly, house owners of a company are shareholders who change consideration for the corporation's widespread stock. Incorporating a business releases house owners of the financial liability of business obligations; however, a corporation has unfavorable taxation guidelines for the homeowners of the enterprise. Businesses often have important "mental property" that needs safety from competitors for the company to stay profitable. This may require patents, copyrights, emblems, or preservation of commerce secrets and techniques. Most businesses have names, logos, and similar branding methods that might profit from trademarking. Fitness, Train &