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Which of the following is an advantage of a sole proprietorship?
Debtor
An individual or organization that owes money to another party.
Trustee in Bankruptcy
An individual or corporation appointed in a bankruptcy case to represent the interests of the creditors, manage the debtor's estate, and distribute assets accordingly.
Bankruptcy Proceedings
A legal process through which individuals or businesses unable to meet their debts can seek relief from some or all of their liabilities.
Transactions
The action of conducting business, trade, or an exchange between two or more parties.
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