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General legal aspect relating to businesses

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  1. Limited liabilities warranty-exceptions
  2. Full liability
  3. Where to start a business ?

Starting a business: incorporate (create a company) or do it as an individual/sole proprietor (sole trader)
Enterprise (business) vs. Entrepreneur (Businessman/woman) -> person or entity (company) that owns and runs and operates the business (enterprise).
Businessman/sole proprietor (or sole proprietorship): individual owns and manages the company
Corporation / company: business organized as a legal entity.

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