All Profits of a Sole Proprietorship Are the Property of the Owner

question 12

True/False

All profits of a sole proprietorship are the property of the owner.

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Definitions:

Pregnancy

The condition of having a developing embryo or fetus in the uterus, marked by various physical and hormonal changes in the body, typically lasting around 40 weeks from the last menstrual period.

Pyuria

The presence of pus in the urine, typically indicating an infection or inflammation in the urinary tract.

Pus

A thick, yellowish or greenish opaque liquid produced in infected tissue, consisting of dead white blood cells and bacteria.

Urine

A liquid waste product filtered from the blood by the kidneys, excreted through the urethra.