Page 123 - Business Principles and Management
P. 123
Unit
2 Forms of Business Ownership
and the Law
CHAPTERS
5 Proprietorships and
Partnerships
6 Corporate Forms of
Business Ownership
7 Legal Aspects of Business
“ Recent changes in the economy have stimulated increased interest in being one’s own boss. The downsizing
of large corporations has displaced millions of workers and managers. Many of these employees have taken the
trauma of being laid off and turned it into a self-employment opportunity, frequently financed in large part by
” Stephen P. Robbins
severance pay or an early retirement bonus.
