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Organization is a set of operation guidelines created by the admiistration to achieve a certain goal.The following are the six types of oganization and their distinctions;Trust:Formed after the death of individual for continuity of the business.
;Nonprofits:Are purposely formed for charitable work.
;S-Corporation:It has limited liability protection and full discretion over the profit amount they distribute or retain.
;Partnership:Formed by more than one owner.
;Sole proprietor: formed by one individual who owns the business.