The similarity between a sole proprietorship and partnership is that Both their earnings are untouched by the Internal Revenue Service
<h3>What is Sole proprietorship?</h3>
Sole proprietorship is a business Enterprise that is owned and run by an individual person.
The individual person is the risk taker.
<h3>What is partnership?</h3>
Partnership refer to any business Enterprise that is own and run by two or more people.
Therefore, The similarity between a sole proprietorship and partnership is that Both their earnings are untouched by the Internal Revenue Service.
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Answer:
profit.
Explanation: its just right
Answer: D) Daily Compounding
Explanation:To earn as much interest as possible, Anthony should open a savings account that earns compound interest and has the highest interest rate.
Daily compounding is compounded every day, hence Anthony will get the best rate of return on his interest with this.
Answer:
TRUE
Explanation:
Adam Smith 'Laissez Faire' Theory implies : Markets as free mechanisms are best, they are guided by self interest which tends to bring best socio economic welfare by increasing wealth. The market 'Invisible Hand' acts as an automatic stabiliser to any economic discrepancy & any government intervention is unnecessarily distortionary.