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    Principles of Corporate Finance Study Set 4
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    Exam 1: Overview of Corporate Finance
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    The Sole Proprietor Has Unlimited Liability; Only His or Her
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The Sole Proprietor Has Unlimited Liability; Only His or Her

Question 66

Question 66

True/False

The sole proprietor has unlimited liability; only his or her total investment in the business can be taken to satisfy creditors.

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