A ____ is chartered by a state-often, but not always, the state in which it is located.
A) corporation
B) general partnership
C) limited liability company
D) sole proprietorship

Name: A ____ is chartered by a state-often, but not always, the state in which it is located. A) corporation B) general partnership C) limited liability company D) sole proprietorship
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Only corporations are typically chartered by a state, while the other options are not required to be chartered by the state.

A ____ Is Chartered by a State-Often, but Not Always