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Jack is the sole proprietor of a gift shop in a small shopping center. Any profit Jack’s business
earns is
a. totally tax-free
b. taxed only as Jack’s personal income
c. taxed only if and when it is distributed to investors
d. taxed twice, once as business income, then again as Jack’s personal income Answer 2 Scenario Questions Accurately Now Best Roger’s model of adoption curve 1995 today

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