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7. Common characteristics between a sole proprietorship and a general partnership include: i. Method of taxation. ii. Limited life of business entity. iii. Personal liability.
7. Common characteristics between a sole proprietorship and a general partnership include: i. Method of taxation. ii. Limited life of business entity. iii. Personal liability. iv. Division of net profits. a. i and ii only b. i and iv only c. ii and iii only d. i, ii, and iii only e. i, iii, and iv only
7. Common characteristics between a sole proprietorship and a general partnership include:
i. Method of taxation.
ii. Limited life of business entity.
iii. Personal liability.
iv. Division of net profits.
a. i and ii only
b. i and iv only
c. ii and iii only
d. i, ii, and iii only
e. i, iii, and iv only
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