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    Business
  3. Study Set
    Legal Environment of Business
  4. Exam
    Exam 13: Choice of Business Entity, Sole Proprietorships, and Partnerships
  5. Question
    An Advantage of Operating as a Sole Proprietorship Is That
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An Advantage of Operating as a Sole Proprietorship Is That

Question 53

Question 53

True/False

An advantage of operating as a sole proprietorship is that personal liability for any business losses is limited to the owner's investment in the business.

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