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Business is the exercise of creating one’s residing or getting cash by producing or buying and promoting merchandise ( goods and companies ). 1 2 3 four Merely put, it is “any exercise or enterprise entered into for revenue. It doesn’t mean it’s a firm, a corporation, partnership, or have any such formal organization, but it may possibly range from a road peddler to Normal Motors.” 5 The time period can also be usually used colloquially (but not by attorneys or public officials) to refer to an organization , but this article will not cope with that sense of the word.

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