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Your friend, Aurora, is going to open her own zip line business soon, and you would like to encourage her to open a sole proprietorship.
Your friend, Aurora, is going to open her own "zip line" business soon, and you would like to encourage her to open a sole proprietorship. You plan to share with her the advantages of opening this form of business ownership. Which of the following is an advantage of owning and operating a sole proprietorship?
Unlimited liability
Lack of continuity
Lack of money
Retention of all profits
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