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In 250 words or more, define Liability as it relates to any element of Business Law we have discussed in class thus far this semester

In 250 words or more, define Liability as it relates to any element of Business Law we have discussed in class thus far this semester and how Liability can impact the success of a business. In order to receive full credit, you should 1) define Liability, 2) provide evidence of how it relates to Business Law, and 3) provide YOUR OWN analysis of how Liability can contribute to the success or failure of a business.

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