The proprietor is only personally liable for all aspects of the business when gross negligence occurs.
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Q1: Investors accept that the management team draws
Q2: In a limited liability partnership (LLP),the death
Q3: Investors usually insist that the management team
Q4: In a partnership,the general partners usually share
Q5: Sole proprietors can access two sources of
Q7: The entrepreneur should decide on the legal
Q8: The corporation has the most continuity of
Q9: In a limited partnership,the limited partners are
Q10: In an LLP,the transfer of interest of
Q11: In order for a corporation to be
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