A type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity.

Future sacrifices of economic benefits an entity is obliged to make to other entities as a result of past transactions.

Business engaged in agricultural activities.

a business owned by a group of individuals that manage production and/or services and employees. Typically larger in size.

Piece of property or equipment purchased exclusively for business use.

Give three examples of agribusinesses

A type of corporation that is owned and run jointly by its employees who share the same benefits.

What does LLC stand for

Business arrangement owned by two or more individuals who share profits.

Combines simplicity and benefits of a sole proprietorship and corporation limits liabilities.

Ability to obtain borrowed money that can be used to buy goods and services.