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Local Residents Have Always Thought the Mom-And-Pop Store on the Corner

Question 5

Multiple Choice

Local residents have always thought the mom-and-pop store on the corner of Locust and Congress was a partnership between Mr. and Mrs. Jones. But Mr. Jones is the real owner. This probably means that the store is a


A) limited partnership.
B) sole proprietorship.
C) corporation.
D) cooperative.
E) joint venture.

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