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The statements describe a number of different firms. Determine whether the owners of each firm face unlimited liability or limited liability by placing each
The statements describe a number of different firms. Determine whether the owners of each firm face unlimited liability or limited liability by placing each statement into the correct category. Unlimited liability Limited liability Answer Bank New Fangled Tech, Incorporated is a new corporation that issued stock to investors to cover its startup costs. Tyler, Thomas, and Michelle own a small moving company together. Procter and Gamble has millions of owners who purchased stock in the company. Curtis owns Reboot It Computer Repairs and has complete control over its operations
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