Exam (elaborations)
BLAW 3391 TTU Exam 2 Questions With 100% Correct Answers.
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Sole Proprietorship - Answer-Simplest business form; owner is the business. Owner reports business income on personal income tax return and is legally responsible for all debts and obligations incurred by the business. 2/3 of all U.S. businesses are formed in this way. Sole Proprietorship Advant...
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