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    Managing the Law
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    Exam 21: Basic Forms of Business Organizations
  5. Question
    A Sole Proprietorship Comes into Existence When a Person
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A Sole Proprietorship Comes into Existence When a Person

Question 3

Question 3

Multiple Choice

A sole proprietorship comes into existence when a person


A) registers a business name.
B) begins to carry on a business.
C) obtains a licence for a business.
D) pays the fee for registering a business name.
E) files articles of incorporation.

Correct Answer:

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