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What are the advantages of a sole proprietorship, a partnership and a corporation? Justine owes Smithers a debt and wants to pay Smithers with a

What are the advantages of a sole proprietorship, a partnership and a corporation?

Justine owes Smithers a debt and wants to pay Smithers with a negotiable instrument. Should Smithersaccept a negotiable or nonnegotiable instrument, and why?

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