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Which of the following is NOT a characteristic of a sole proprietorship? Question 1 options: The owner must file a separate tax return for the
Which of the following is NOT a characteristic of a sole proprietorship?
Question options:
The owner must file a separate tax return for the business.
A sole proprietorship does not to elect board members.
The owner is personally liable for the business's debt and obligations.
There is only one owner.
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Financial Accounting
Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper
1st Canadian Edition
9780132147538, 132889714, 013214753X , 978-0132889711
