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Which of the following tax and/or nontax business entity characteristics are generally key factors for small business owners in deciding which business entity to choose?

Which of the following tax and/or nontax business entity characteristics are generally key factors for small business owners in deciding which business entity to choose? Multiple Choice Both the rate at which income from entity will be taxed and liability protection Rate at which income from entity will be taxed Both the rate at which income from entity will be taxed and the required accounting period Required accounting period Liability protection

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