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Business DefinitionBusiness Definition

The Code of Hammurabi dates again to about 1772 BC for instance and contains provisions that relate, amongst other issues, to move costs and dealings between retailers and brokers. Because the time period “business” may be interchanged with day-to-day operations in addition to the final Business sites formation of an organization, the term is often used to level transactions concerning an underlying services or products. A sole proprietorship, as its name suggests, is a business owned and operated by a single natural particular particular person.


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