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Which of the following statements is true?
Proprietorships
Business entities owned by a single individual, who has full control over operations and takes on the liabilities of the business personally.
Services
Activities that provide value to customers without producing tangible goods, often characterized by expertise, advice, or labor.
Fraudulent Acts
These refer to intentional deceptions made for personal gain or to harm another individual, often illegal and punishable under law.
Ethical Lapses
Instances where individuals or organizations violate moral principles, often leading to a loss of trust or legal consequences.
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