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    Example of an agent

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    Can you please give me an example of an agent for either a sole proprietorship, partnership, or corporate board?

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    Sole proprietorship is the most basic legal structure. You are taxed only once on corporate profits. If you are sued, everything you own is at risk. You basically are your business. If your business does something wrong, you are liable. The owner of business or the person that is hired to handle business affairs (eg general manager) can be the agent.

    In a general partnership ...

    Solution Summary

    This solution provides an example of an agent.