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Match the following business structures with their characteristics. Limited liability for all owners Unlimited life Unlimited liability for owner Double taxation Taxed as an individual

Match the following business structures with their characteristics.

Limited liability for all owners

Unlimited life

Unlimited liability for owner

Double taxation

Taxed as an individual

Limited liability for several owners/partner, general liability for one owner/partner

Partnership ends when partner dies

One owner

vs.

1) Sole Proprietorship 2) Partnership 3) Corporation

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