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QUESTION 19 All Partnerships are pass-thru entities with regard to Federal Taxation. O True O False QUESTION 20 Only owners who hold 20% or more

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QUESTION 19 All Partnerships are pass-thru entities with regard to Federal Taxation. O True O False QUESTION 20 Only owners who hold 20% or more of the equity of a company that receives a SBA 7(a) loan are required to provide a personal guarantee. O True O False

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