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Characteristic Sole Proprietorship Partnership Corporation Number of owners Legal entity unto its self Number in existence Amount of money available Amount of money earned Ease

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Characteristic Sole Proprietorship Partnership Corporation Number of owners Legal entity unto its self Number in existence Amount of money available Amount of money earned Ease of start-up Continuation of business if owner dies Double taxation Unlimited liability Simplicity of decision making Organizational costs Ease of divisibility of ownership Managed by Board of Directors Access to Brain Power Example Business imeline for the central banking system in the US: (6pts)

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