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Question
Which of the following is an advantage of a sole proprietorship?
A. A sole proprietor is personally obligated for the debt of the proprietorship.
B. A sole proprietorship is not taxed as an organization.
C. In a sole proprietorship, liability is shared with many partners.
D. A sole proprietorship is the least expensive business organization to create.
E. A sole proprietorships business activity may be more stable than the proprietors willingness to remain actively involved in the business.
Answer
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Related questions
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C. consequentialism
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