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1.A business with no partners and no board of directors to report to is typically considered to be independent and positioned to act quickly when

1.A business with no partners and no board of directors to report to is typically considered to be independent and positioned to act quickly when required. Which of the following is also typical of this form of business?

its limited failure expectancy

its limited life expectancy

the diversity of profit-sharing plans

the complexity involved in its formation

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