About 85 percent of all business firms in the United States are sole proprietorships.
Correct Answer:
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Q174: Unlimited liability holds a sole proprietor personally
Q175: A master limited partnership is taxed like
Q176: Articles of partnership are a legal document
Q177: A general partner is responsible for any
Q178: A voluntary association of two or more
Q180: In a limited partnership, a limited partner's
Q181: Common stockholders have the right to elect
Q182: A banker or lender is more likely
Q183: Although a partnership pays no income tax,
Q184: Preferred stockholders receive dividends before dividends are
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