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  3. Study Set
    Introduction to Accounting
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    Exam 1: Accounting and Business
  5. Question
    A Business Owned by One Person Whose Personal Possessions Are
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A Business Owned by One Person Whose Personal Possessions Are

Question 59

Question 59

Multiple Choice

A business owned by one person whose personal possessions are at risk if the business fails is called a:


A) partnership
B) sole proprietorship
C) corporation
D) merchandiser

Correct Answer:

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