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Which of the Following Is TRUE About Sole Proprietorships

Question 3

Multiple Choice

Which of the following is TRUE about sole proprietorships?


A) Generally they are subject to different regulations than are other forms of business.
B) Just as corporations,they must abide by human rights legislation and meet health and safety regulations for the employees.
C) Business names of all sole proprietorships must be registered.
D) Sole proprietorships require government formalities to get established.
E) Sole proprietorships comprise the smallest number of businesses in Canada.

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