A sole proprietorship has a perpetual existence.

A sole proprietorship has a perpetual existence. (Points : 1)       True       FalseA partner is allowed to contribute property that is still being paid for into the partnership  True       False If a firm wants to conduct business in multiple states then the firm cannot be a sole proprietorship  True        FalsWhen a corporation issues common stock the stock holders are not guaranteed dividends in the future  True       FalseFor tax purposes a partnership and a corporation are treated in an identical manner.  True       False

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