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Question 2 (2 points) Listed below are several statements regarding proprietorships. For each stateme indicate which statements are true. Has a separate legal existence from

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Question 2 (2 points) Listed below are several statements regarding proprietorships. For each stateme indicate which statements are true. Has a separate legal existence from its owners. Owners are called "shareholders." Has a limited life. Investments by owners are added to the "Owner's Capital" account Owners have limited liability. Pays income taxes on its profits. Will have more than one owner. Conceptual Framework

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