Question: Which statement below is true about obtaining a business license? Different states have different requirements for obtaining a business license. In most states you have

Which statement below is true about obtaining a business license?
Different states have different requirements for obtaining a business license.
In most states you have one year to obtain a license after launching your business.
You cannot conduct business, open bank accounts, obtain bank loans, or acquire other services without a business license in most states.
The first and third answers are both correct.

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