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A Growing Pizza Restaurant Was Originally Formed as a Sole

Question 49

Multiple Choice

A growing pizza restaurant was originally formed as a sole proprietorship because it was based on the owner's family recipe. The restaurant has become so popular that several wealthy people have inquired about investing money to help the business open more locations. If the owner had known there would be an opportunity to sell shares of the company in exchange for investment capital, which form of business would he have chosen?


A) syndicate
B) partnership
C) joint venture
D) corporation

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