Proprietorships must receive a license from the state be able to operate a business legally.
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Q4: Many partnership agreements are subject to the
Q5: Most large businesses are organized as proprietorships.
Q6: Proprietorships must file a federal tax return
Q7: In a sole proprietorship, legally the owner
Q8: If partners in a partnership are in
Q10: Proprietorships are generally expected to follow the
Q11: Many states allow partnerships to be treated
Q12: Partnerships must begin with a written agreement,
Q13: About 80 percent of business revenues go
Q14: State laws, not federal, concern the forms
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