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In a Sole Proprietorship,the Owner Has Complete Control Over the Business.This

Question 35

Multiple Choice

In a sole proprietorship,the owner has complete control over the business.This allows the owner to:


A) have limited liability in meeting the debts of the business.
B) have access to multiple sources of funds.
C) respond quickly to competitive business conditions or to changes in the economy.
D) match the wages and benefits offered to employees by a large competing corporation.
E) utilize all profits without paying any taxes.

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