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1. Briefly discuss domestic, foreign, alien, private, and public corporations.

2. What is a leveraged buyout? discuss some of the advantages of mergers and acquisitions.

3. What is undercapitalization? How does it contribute to the failure of a business?

4. What is management?

5. What is a business plan and why is it important?

6. In the context of the various forms of business ownership, discuss the two basic types of rhe partnerships.

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