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The Primary Difference Between a Proprietorship and Partnership Form of Business

Question 99

Multiple Choice

The primary difference between a proprietorship and partnership form of business organization is


A) the proprietorship is subject to unlimited liability, and a partnership is subject to limited liability
B) the proprietorship is primarily international, and the partnership is primarily multinational
C) the number of persons involved in the ownership and management of the enterprise
D) the proprietorship produces products, and the partnership produces services
E) the proprietorship finances expansion through the issue of stocks, and the partnership relies on bonds

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