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Question: In which type of business would you NOT need to require the owner's personal guarantee in order to depend on that owner for repayment

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In which type of business would you NOT need to require the owner's personal guarantee in order to depend on that owner for repayment of a loan to the business?

A) C corporation B) Sole proprietorship C) Trust D) S corporation

Please proper explain and do not copy from Chegg. Otherwise i have to report the answer. (Max. 150 words).

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