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Valora is asked to be a part of a new business venture for a revolutionary mechanism to repair Internet cables that are placed on the
Valora is asked to be a part of a new business venture for a revolutionary mechanism to repair Internet cables that are placed on the ocean floor. Since the business involves high risk, Valora does not want to be held completely liable for the firm's debts if the project fails. In this case, Valora is most likely to prefer to participate as an
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sole proprietor.
general partner,
owner of an S corporation.
limited partner.
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