To help you identify the similarities and differences between the two types of business organization, decide whether the following characteristics apply to a sole proprietor, an unincorporated partnership, or both:

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(a) The entity is an unincorporated business. (b) There is only one owner (c) There is no maximum number of owners (d) There are no formalities involved when starting the business (e) There should be a contract of agreement Sole Partnership proprietorship D DODO DOOD