In a sole proprietorship, the __________ is entitled to any profits made by the firm but is also personally liable for all of the firm's debts or obligations
a. Sole proprietor
b. CEO
c. Business manager
d. Corporate head
A
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What will be an ideal response?
If the paralegal detects that the potential debtor-client, needs the protection of the Automatic Stay, on an immediate basis, he or she should inform the attorney, as an emergency filing may need to be arranged
Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)