2) The ownership of a proprietorship is divided into shares of stock owned by its (2pt...

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2) The ownership of a proprietorship is divided into shares of stock owned by its (2pt stockholders OTrue False

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Answer 1

Answer #1

False,

Ownership is not divided into shares of stock, as there is no legal difference between the proprietorship and its owner. The sole proprietor owns the business assets just like his own asset.

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Answer 2

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2) The ownership of a proprietorship is divided into shares of stock owned by its (2pt...

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Which of the following is a characteristic of a sole proprietorship? It can sell ownership shares...

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