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Which of the Following Statements Is True of Sole Proprietors

Question 139

Multiple Choice

Which of the following statements is true of sole proprietors?


A) They mostly pay high salaries and substantial perks to their employees.
B) Their death or retirement does not legally cease the company from existing.
C) They often must perform tasks in areas where they lack expertise.
D) Their earnings are taxed only as income of the company.

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