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Blake, Madison and Sean Started Selling Computer Software on College

Question 33

Multiple Choice

Blake, Madison and Sean started selling computer software on college campuses under the name Student Software Company. Each person contributed $1500 toward start-up costs and agreed on dividing costs and profits equally. The legal structure for the company can best be described as a


A) proprietorship.
B) partnership.
C) trade alliance.
D) corporation.
E) None of these.

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