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Which of the following is not a limitation of a proprietorship? a. It does not pay corporate income tax on profits. b. The life of

Which of the following is not a limitation of a proprietorship? a. It does not pay corporate income tax on profits. b. The life of the proprietorship is limited to the life of its founder. c. The proprietor has unlimited personal liability for the business's debts. d. It may be difficult for the proprietor to obtain funding needed for growth

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