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Sole Proprietorships Offer Several Advantages, Which Include All of the Following

Question 38

Multiple Choice

Sole proprietorships offer several advantages, which include all of the following except ____.


A) they are easy and inexpensive to create
B) they give the owner complete authority
C) dividends are paid to owners
D) the income from the business is taxed only once, at the owner's personal income tax rate
E) there are no major reporting requirements, as with a corporation

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