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The First Step in Starting a Sole Proprietorship Is to Fill

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True/False

The first step in starting a sole proprietorship is to fill out a proprietorship charter application form and file it with the state government.


Definitions:

Massachusetts Company

An English stock company chartered in 1629 for the colonization of Massachusetts Bay in New England and played a central role in the settlement of the region by Puritans.

Spanish Empire

Was one of the largest empires in world history, spanning the Americas, parts of Asia, Africa, and Europe, characterized by its vast territories and colonial wealth from the 16th to the 19th centuries.

Overextending Resources

The act of stretching resources beyond their capacity, often leading to depletion or failure of a system or organization.

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