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Thomas Wants to Make Money, So He Starts His Own

Question 94

Multiple Choice

Thomas wants to make money, so he starts his own business as a sole proprietor. He likes this form of business because


A) he will get to keep all of the profits the business makes.
B) profit is guaranteed since he will be the only owner.
C) it will provide a steady income for him.
D) he has to split the profits with only one other person.
E) he has to pay small dividends to the other owners.

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