How do proprietorships and partnerships compare when it comes to profits? Select one: a. Proprietor receives 100% of profits; partners receive 50% of profits. b. Proprietor receives 50% of profits; partners receive share profits equally. c. Proprietor receives 100% of profits; partners share profits (not necessarily equally) in accordance with partnership agreement. d. Both types receive 100% of profits.

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The detailed answer for the above question is provided below The correct answer is c Proprietor rece... View the full answer