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501(c)(3) Nonprofit
Introductory Business Law/Legal Environment
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Timing of Proprietorship Incorporation

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When is the most appropriate time for a sole proprietorship to incorporate?
A

When it grows large enough to require hiring employees

B

When it reaches the minimum size required for corporations

C

It depends on the state in which the business operates

D

Immediately upon its formation

E

When it doubles in size from its initial establishment

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