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Which Of The Following Is Not True Of A Sole Proprietorship? - Erudites Academy

Which of the following is not true of a sole proprietorship?

by | Jul 27 | Commerce WAEC | 0 comments

A. It has a separate legal entity
B. It has unlimited liability
C. It has slim chances of expansion
D. The capital is small
E. It can convert into a company

Correct Answer:

Option A – It has a separate legal entity

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