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Frequently Asked Questions
What is limited liabilty?
Limited liability is a principle of business law which shields the owners of a business from the business's liabilities. Owners of a business which has limited liability may lose …
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What are the advantages of organizing a business as a Sole Proprietorship?
A sole proprietorship is a business that is owned by an individual and that is not formed pursuant to any special legal construct, such as a limited liability partnership or a corporation. As …
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Special Considerations for Closely Held Businesses
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