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1.What is a limited liability company and what is a disadvantage of this business structure? 2.Identify and define the two types of bankruptcy filings. 3.Define

1.What is a limited liability company and what is a disadvantage of this business structure?

2.Identify and define the two types of bankruptcy filings.

3.Define and give examples of secured debts.

4.Explain how the fair use of intellectual property through social media has created concern for businesses.

5.Explain how an employer could be liable for fan clubs as part of a marketing campaign.

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