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Lily wants to build a business. She has very little capital. She does, however, have a partner with which she could run a business. Lily
Lily wants to build a business. She has very little capital. She does, however, have a partner with which she could run a business. Lily wants to be able to avoid being held personally liable for any problems the business has. Which of the following would lead Lily to choose a sole proprietorship organization for her business?
A. None of the above
B. Little capital
C. Possession of a partner
D. Avoidance of personal liability
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