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Julio is operating his computer consulting business as a sole proprietor. His business has $10,000 in its accounts but Julio owes $25,000 to his bank.

Julio is operating his computer consulting business as a sole proprietor. His business has $10,000 in its accounts but Julio owes $25,000 to his bank.

Would your answer be different if Julio were operating his business as a limited liability company?

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