Business Law with UCC Applications

Business

Quiz 25 :
Sole Proprietorships and Partnerships

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Quiz 25 :
Sole Proprietorships and Partnerships

Free

False Explanation: The easiest business organization to form is a sole proprietorship.

Free

True Explanation: One of the major advantages of a sole proprietorship is that the owner may keep all of the profits.

Free

False Explanation: Louisiana, which is devoted to the Napoleonic Code, is the only state that has not adopted the UPA.