Answer:
Explanation:THE DIFFERENCE BETWEEN PURE BUSINESS AND CHARITY:-business is any form of activity where money is invested with the hope of making profits WHILE Charity means given out money and other items to help humanity..
DIFFERENCE BETWEEN INVESTORS OWNED AND NON PROFITABLE ORGANIZATION
Investors own company invest to get profit WHILE NON profitable organizations are not mainly for profit making...
THREE LEGAL FORMS OF BUSINESS
(1) sole proprietorship
Merit:-the owner gets all the profit
Demerits:-the owner bears all the lost.
(2)partnership
Merits:-workload is shared
Demerits:-profit is shared.
(3)limited liability
Profit:-transfer of owner is easy
Demerit:-exploitation of share holders.
DIFFERENCE BETWEEN STANDARD CORPORATION AND BENEFIT CORPORATION
Standard corporations are strictly for business and profit while BENEFIT CORPORATION are not strictly for profit,