What is a sole proprietorship

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Reference no: EM131461772

Question: 1. What is a sole proprietorship? What are the major advantages and disadvantages of this form of business ownership?

2. How does a partnership differ from a sole proprietorship? Which disadvantages of sole proprietorship does the partnership tend to eliminate or reduce?

3. What is the difference between a general partner and a limited partner?

Reference no: EM131461772

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