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Which one of the following statements concerning a sole proprietorship is correc It is easy to create a sole proprietorship. The life of a sole

Which one of the following statements concerning a sole proprietorship is correc

It is easy to create a sole proprietorship.

The life of a sole proprietorship is potentially unlimited.

A sole proprietor can generally raise large sums of capital quite easily.

A sole proprietorship is taxed the same as a C corporation.

Transferring ownership of a sole proprietorship is easier than transferring ownership of a corporation.

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