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Which of the Following Statements Is True About Sole Proprietors

question 15

Multiple Choice

Which of the following statements is true about sole proprietors?


Definitions:

Administrative Law

A body of law created by administrative agencies in the form of rules, regulations, orders, and decisions in order to carry out their duties and responsibilities.

Case Law

Law established by previous court decisions and used as a precedent in interpreting current cases.

Unanimous Opinion

A judicial decision where all judges or justices agree on the outcome and reasoning of a case.

Judges

Officials appointed or elected to preside over court proceedings, making legal judgments and decisions.

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