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22 October, 15:58

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

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  1. 22 October, 16:20
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    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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