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    Exploring Business Study Set 1
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    Exam 3: Selecting a Form of Business Ownership
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    Profits Earned Are Taxed as Personal Income and There Are
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Profits Earned Are Taxed as Personal Income and There Are

Question 45

Question 45

True/False

Profits earned are taxed as personal income and there are no special taxes to
pay in the sole proprietorship form of business ownership.

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