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A____________ Is a Business Entity in Which the Shareholders Are

Question 22

Multiple Choice

A____________ is a business entity in which the shareholders are members of the same profession, purchase the corporation's stock, own the firm, share in the profits and losses of the firm in proportion to the number of shares they own, and have limited personal liability.


A) sole proprietorship
B) partnership
C) professional corporation
D) business corporation

Correct Answer:

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