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NAMEDATECLASSGuided Reading Activity Business Organization Lesson 1 Forms of Business Organization Review Questions Directions: Read each main idea and complete the statements below. Refer to your textbook as you write the answers.A. Sole ProprietorshipsMain Idea: A sole proprietorship is a business owned and operated by a single individual or owner. Although you are your own boss, you also have total liability, and you may lack the skills needed to run a business successfully. 1. A sole
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Chapter 3 Section 1 addresses specific guidelines and requirements related to various compliance and reporting obligations under tax regulation.
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