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Limited liability may not be an advantage of the corporate form for owner-operated small businesses because: a. a negligent worker can escape liability for his
Limited liability may not be an advantage of the corporate form for owner-operated small businesses because:
a. | a negligent worker can escape liability for his own acts. |
b. | lenders usually demand personal guarantees from the owners of small businesses. |
c. | stockholders participate in the business itself. |
d. | All of these are correct. |
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