IIIE [IIIEEIIDII- 33} A business that is nota legal entity. where there is one owner who is fully liable for all debts, is: A} A sole proprietorship. B} A proprietary company. {private company - limited I unlimited liability} C} A partnership. D} None of the above. 34} Which of these is an accounting entity? A} Sole proprietor. B} Company. C} Partnership. D} All of the above. 35} The principle whereby each partner is responsible for the business acb'ons of all other partners when the actions are carried out in the normal course of business, is known as: A} Perpetual life. B}The rule in lGarner versus Murray. C} Unlimited liability. D} Mutual agency. 35} An advantage of a partnership compared to a sole proprietorship is: A] Sharing of prots. B} Greater access to funds. C} Mutual agency. D} E and C