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Determine whether each characteristic describes a sole proprietorship, a general partnership, or a corporation. Note that a characteristic may apply to more than one type of business structure.

Determine whether each characteristic describes a sole proprietorship a general partnership or a corporation Note that a characteristic may apply to more than o class=

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It is to be noted that the above characteristics are typical of General Partnership or corporation. Sole Proprietorship, General Partnership, and Corporation are all types of Business Organizations.

What are the Categories of Business?

The following are all types of Businesses as defined by how they are owned and structured:

  • Sole Proprietorship
  • General Partnerships
  • Limited Partnership
  • Joint Stock Company
  • Cooperative Societies
  • Public Sectors
  • Private Sector Companies and
  • Limited Liability Partnership.

Learn more about categories of business at:

https://brainly.com/question/3140091



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