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Which of the following activities cannot generate a net operating loss (NOL)? a. Operations of a business for sole proprietorship t that consists of a 

Which of the following activities cannot generate a net operating loss (NOL)? a. Operations of a business for sole proprietorship t that consists of a main activity. b. Operations of a business for sole proprietorship that consists of a passive activity. c.Any activity can generate a net loss of operations. d. Operations of a corporation.

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