Which is the correct answer? What advantage do sole proprietorships have over corporations? Question 14 options: Owners of sole proprietorships cannot be held responsible for their company's debts. Owners of sole proprietorships cannot be sued for their company's wrongdoing. Owners of sole proprietorships do not pay corporate taxes on company profits. Owners of sole proprietorships do not have to pay any taxes on company profits.

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The correct answer is Owners of sole proprietorships do not ha... View the full answer