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A Disadvantage of the Sole Proprietorship Form Is Often

Question 173

Multiple Choice

A disadvantage of the sole proprietorship form is often:


A) business profits are taxed to the owner personally
B) the owner is personally liable for all the business debts
C) the owner has sole responsibility for control, liabilities, and management
D) the record keeping formalities of the business are within the owner's discretion
E) none of the other choices

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