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1.How will the form of a business be legally described in a lending agreement if the business does not have the capacity to borrow capital

1.How will the form of a business be legally described in a lending agreement if the business does not have the capacity to borrow capital in its own right?

a.

as an unlimited proprietorship

b.

as a sole proprietorship

c.

as an unlimited corporation

d.

as a sole corporation

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