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In which form of business organization is the owner in sole control of management and profits?Multiple choice question.SyndicateSole proprietorshipS-corporationCorporation

Question

In which form of business organization is the owner in sole control of management and profits?Multiple choice question.SyndicateSole proprietorshipS-corporationCorporation

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Solution

The form of business organization where the owner is in sole control of management and profits is a Sole proprietorship.

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