The debts of a business operated as a sole proprietorship are considered to be the personal debts of the owner of the business.
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Q1: A major advantage of sole proprietorships is
Q2: The first step in starting a sole
Q3: Partnerships are the most common form of
Q5: Corporations represent 20 percent of all the
Q6: A legal entity with authority to act
Q7: It is usually easy to start and
Q8: The three major forms of business ownership
Q9: Sole proprietors sometimes have trouble competing with
Q10: If the business is designated a sole
Q11: Few people today start their own business.
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