As a sole proprietorship, you sell tangible products to the public at retail. You will need to pay ________.

Name: As a sole proprietorship, you sell tangible products to the public at retail. You will need to pay ________.
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Question

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As a retailer selling tangible products, you will need to pay sales tax. And as a sole proprietorship, you are responsible for paying self-employment tax on your net earnings. Therefore, the best choice is both A and C.

As a Sole Proprietorship, You Sell Tangible Products to the Public