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Question 8 (10 marks) Todd wants to start his own business and is debating between organizing the business as a sole proprietorship or a corporation.

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Question 8 (10 marks) Todd wants to start his own business and is debating between organizing the business as a sole proprietorship or a corporation. Explain the THREE pros and TWO cons of the sole proprietorship, as well as THREE pros and TWO cons of the corporation (10 marks)

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