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Which of the following is a disadvantage of operating as a sole prioprietorship? Sole prioprietorships have complex legal and accounting requirements The owner of a

Which of the following is a disadvantage of operating as a sole prioprietorship?

Sole prioprietorships have complex legal and accounting requirements

The owner of a sole proprietorship generally carries unlimited liabilty for the debts and liabilities of the business

A sole proprietorship has only flexiibitly in choosing a tax year

A sole proprietorship may consist of one or many individuals

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