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Which of the following statements regarding a sole proprietorship is TRUE? A sole proprietorship _________. Is required to legally dissolve as set out in the

Which of the following statements regarding a sole proprietorship is TRUE? A sole proprietorship _________.

Is required to legally dissolve as set out in the organizational documents.

Must keep documents governing operations.

Must register with the state.

Has an owner that is personally liable for the debt of the business.

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