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Which of the following statements about types of business entities is true? Multiple Choice Sole proprietorships are subject to double taxation. One advantage of a

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Which of the following statements about types of business entities is true? Multiple Choice Sole proprietorships are subject to double taxation. One advantage of a corporation is ability to raise capital Ownership in a partnership is represented by having shares of capital stock For accounting purposes a sole proprietorship is not a separate entity from its owner

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