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Economics

Economics

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Articles of partnership establish:

  • how businesses can raise capital.
  • what business taxes are paid.
  • how profits and losses are divided.
  • what is included in a charter.

Which best explains why a sole proprietor would want a partner?

A. to reduce the number of responsibilities
B. to make it easier to raise funds for expansion
C. to move into a more favorable tax bracket
D. to take advantage of little government oversight

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Answer

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