Why do suppliers sometimes ask entrepreneurs of small companies to provide personal guarantees for a line of
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Why do suppliers sometimes ask entrepreneurs of small companies to provide personal guarantees for a line of business credit? If an entrepreneur is asked (forced) to provide personal guarantees, then what personal protection does a company as a legal form really provide?
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For a proprietorship the responsibility for payment is in the hands ...View the full answer
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Related Book For 
ISE Entrepreneurship
ISBN: 9781260565621
11th International Edition
Authors: Robert Hisrich, Michael Peters, Dean Shepherd
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