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An entrepreneur wishes to start a business and chooses a model that offers individual control and simplicity and allows a business to retain all of
An entrepreneur wishes to start a business and chooses a model that offers individual control and simplicity and allows a business to retain all of its profits. The entrepreneur will be responsible for filing the business's profits and losses on a personal tax return.
Which type of business model did the entrepreneur choose?
Sole proprietorship
Partnership
C corporation
S Corporation
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