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6 February, 03:24

A business owned and run by a single individual who has rights to all profits is known as

a) Sole proprietorship

b) General partnership

c) Public corporation

d) Limited liability company

Answers (1)
  1. 6 February, 05:10
    The correct answer is choice A.

    A business with only one owner is called a sole proprietorship. This owner has rights to all of the profits and does not have to share them with anyone.
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