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A corporation is a legal construct with an identity separate and apart from its owner(s). The primary legal advantage to converting one's business from an unincorporated enterprise to the corporate form is the ability to avoid personal liability for the business's financial obligations. Since the corporation is distinguishable from its owner, the owner's personal assets cannot be seized to satisfy business indebtedness. This effectively means that an owner can "crash and burn" a corporation financially, bankrupt the business, and walk away from the "flaming wreckage" of the corporation without personal obligation for business debts.
Is it ethical for an owner to use the corporate entity to avoid personal obligation for business debts?
newly appointed police chief alexandra delatorre of the anytown police department apd has been attending several town
Compare motivation and empowerment. Define the components of empowerment. Analyze the implications of empowerment and delegation in a criminal justice organization
please note that you are required to support your views by citing your sources in all assignments. even if the
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describe an example of a contract that you or someone you know entered into. in your description be sure to provide
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