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Richard has operated his business as a sole proprietor for several years. Now, however, he is worried about personal exposure to business debts. He comes

Richard has operated his business as a sole proprietor for several years. Now, however, he is worried about personal exposure to business debts. He comes to you for advice. What form of business organization would you not recommend to Richard?
a. An LLC
b. A limited partnership
c. An S corporation
d. A corporation

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