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17 August, 10:18

What forms of organization will enable the owners of regal signsregal signs to limit their risk of loss to the amounts they have invested in the business?

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  1. 17 August, 11:48
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    the answer to this question is Limited-liability partnership and limited-liability corporation.

    In limited-liability corporation form, owner's personal wealth will not be accountable to pay the debt that acquired by Corporation. So when the corporation declared bankruptcy, the amount of remaining debt will be legally considered as gone
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