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accounting1234
acc chapter 9
| Question | Answer |
|---|---|
| goods that a business purchases to sell | merchandise |
| a business that purchasess and sells goods | merchandise business |
| a merchandise business that sells to those who use or consume the goods | retail merchandising business |
| an organization with the legal rights of a person and which many persons may own | corporation |
| each unit of ownership in a corporation | share of stock |