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A business established, owned, operated and often financed by one person is a:
ASole proprietorship
BSole partnership
CSole corporation
DSole cooperative
Answer & Solution
Correct answer: A. Sole proprietorship
1. One person carries the whole firm.
2. That person usually funds it too.
3. It is a sole proprietorship.
_Source: OpenStax Introduction to Business, Chapter 4, Forms of Business Ownership._
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