In the context of business designs, one of the advantages of a corporation is that when it suffers losses, the founders will

Question

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When a corporation suffers losses, the founders will only lose the money they have invested in the business, rather than their personal savings. This is because corporations are separate legal entities from their owners, meaning that the corporation is responsible for its own debts and liabilities. The personal assets of the founders are not at risk unless they have provided personal guarantees or engaged in fraudulent activities.

In the Context of Business Designs, One of the Advantages