GK
BUSINESS ECONOMICS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Sara’s Hair Palace is a small, locally owned beauty salon in Sterling. This represents what type of business?
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corporation
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partnership
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sole proprietorship
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None of the above
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Explanation:
Detailed explanation-1: -Sole Proprietorship Simplicity of organization-this is the most common form of business organization in the United States because it is the easiest and least expensive to establish.
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