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Use the following information as a basis: Business Legal Structure Kevane Grant Thornton LLP Limited Liability Company Toys R Us Private Corporation Facebook, Inc. Public

Use the following information as a basis:

Business Legal Structure
Kevane Grant Thornton LLP Limited Liability Company
Toys "R" Us Private Corporation
Facebook, Inc. Public Corporation

1. What is the difference between these legal structures, in terms of the responsibility of their owners? 2. If you were to open a business, which of the legal structures would you use and why? Explain your answer.

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