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(CO G) Before performing a business valuation, an engagement letter is needed to set forth the expectations of the business valuator and client. reduce the

(CO G) Before performing a business valuation, an engagement letter is needed to

set forth the expectations of the business valuator and client.

reduce the chance for misunderstanding.

reduce the chance of malpractice litigation against the business valuator.

increase the likelihood that the valuator will get paid.

All of the choices are correct.

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