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Regarding a sole proprietorship, which one of the following statements is accurate? Multiple Choice It is more difficult to form than other forms of business.

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Regarding a sole proprietorship, which one of the following statements is accurate? Multiple Choice It is more difficult to form than other forms of business. Its business profits are taxed twice at the federal level. Its business profits are taxed separately from the personal income of the owner. The owner may be forced to sell his or her personal assets to pay the company's debts, It has an unlimited life span

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