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Which One of the Following Statements Concerning a Sole Proprietorship

Question 7

Multiple Choice

Which one of the following statements concerning a sole proprietorship is correct?


A) The life of a sole proprietorship is limited.
B) A sole proprietor can generally raise large sums of capital quite easily.
C) Transferring ownership of a sole proprietorship is easier than transferring ownership of a corporation.
D) A sole proprietorship is taxed the same as a C corporation.
E) A sole proprietorship is the most regulated form of organization.

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