Julia owns and operates Collectable Dolls without creating a separate business organization.She receives all the profits from the doll sales.Collectable Dolls is most likely

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Julia is the sole owner and operator of Collectable Dolls, and she receives all the profits. This indicates that Collectable Dolls is a sole proprietorship, which is the simplest and most common form of business organization where one person owns and operates the business.

Julia Owns and Operates Collectable Dolls Without Creating a Separate