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Which of the following statements about sole proprietorships is true?

Which of the following statements about sole proprietorships is true?

A.

It has the greatest freedom from regulations when compared with other business structures.

B.

It is considered a separate legal entity whereas other business structures are not.

C.

It requires a large working capital in order to get the business started.

D.

There is no lack in continuity of the business if the owner is absent.

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