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Which of the following is true of sole proprietorships and corporations? a. in sole proprietorships, owners have unlimited liability; whereas, in corporations, owners have limited liability. b. both sole proprietorships and corporations are equally scrutinized and regulated by government bodies. c. it is difficult to transfer ownership of corporations compared to that of sole proprietorships. d. income from both forms of organizations are taxed only at the corporate level.
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Which of the following is true of sole proprietorships and corporations? a. in sole proprietorships...
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