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Li is a marketing associate at Madison Partners who desires to start her own marketing firm. While still employed at Madison, she applies for a

Li is a marketing associate at Madison Partners who desires to start her own marketing firm. While still employed at Madison, she applies for a business license and signs a lease for an office for her new firm. Even if she does not open her new firm until after she quits Madison Partners, Li can be liable for breaching the duty of loyalty for competing against her principal. true or false

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