Business accounts are defined as anyone who has a federal tax ID, state business number, federal FFL license, advertisement in typical media locations (e.g. directory, television, radio, vehicle logo, etc) or if any reasonable person would consider it a business (e.g. consistent items being placed to be sold). Multi level marketing products are also considered businesses and will require a business account.
Yes, but why would you want to?
If you already have a personal account, you can upgrade to a business account at any time. If you have a business account, you will no longer be allowed to downgrade back to a personal account.
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