Extensive management experience

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John is going to start his own coffee shop. He has all the money he needs and has extensive management experience so he decides he will own and operate the business himself and not complicate things or spend money on accountants and lawyers. He understands that the profits or losses will be reported on his tax return and taxed as personal income and he will hold the liability for any losses, taxes or damages resulting from lawsuits against his business. John has decided to do business as a: Group of answer choices C corporation General Partnership Sole Proprietorship Limited Partnership Limited Liability Corporation.

Reference no: EM133672197

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