Sole propiertorship - Study guides, Class notes & Summaries
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MIE 201 EXAM2 QUESTIONS AND CORRECT ANSWERS//GRADED A+ Sole Propiertorship -
- Exam (elaborations) • 31 pages • 2024
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MIE 201 EXAM2 QUESTIONS AND CORRECT ANSWERS//GRADED A+ 
Sole Propiertorship - 
MIE 201 EXAM2 QUESTIONS AND CORRECT ANSWERS//GRADED A+ 
Sole Propiertorship - 
MIE 201 EXAM2 QUESTIONS AND CORRECT ANSWERS//GRADED A+ 
Sole Propiertorship - 
MIE 201 EXAM2 QUESTIONS AND CORRECT ANSWERS//GRADED A+ 
Sole Propiertorship -
-
BUSINESS ENTITIES (EXAM 1)-QUESTIONS AND ANSWERS GRADED A+
- Exam (elaborations) • 90 pages • 2024
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Available in package deal
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BUSINESS ENTITIES (EXAM 1)-QUESTIONS AND ANSWERS GRADED A+ 
 
SOLE PROPIERTORSHIP - ANSWER-... 
 
ownership - ANSWER-sole proprietor owns everything 
 
creation/maintence - ANSWER-easiest to create 
 
tax - ANSWER-pass-thru, not taxed as an entity 
 
liability - ANSWER-100% personal libability 
 
control/management - ANSWER-SP, can have employees 
 
attractive to investors? - ANSWER-no, you can quit tomorrow 
 
termination - ANSWER-easy to quit 
 
advantages - ANSWER-full control 
no corporate t...
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