The death of an owner terminates the legal existence of a business that is organized as a sole proprietorship.
Correct Answer:
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Q3: Partners must contribute capital or assets to
Q12: The board of directors is not liable
Q13: If dividends are paid to the owners
Q16: Agency power is the ability of any
Q19: To transfer ownership in a corporation,it is
Q20: The sole proprietorship is a business owned
Q20: Ownership in a corporation is evidenced by
Q21: What is a partnership?
A) a business owned
Q22: Jack starts a business as a gasoline
Q35: One of the advantages of a sole
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