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Describe limited liability entity of a business

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Reference no: EM131660690

Question: Critical Legal Thinking. Although a limited liability entity may be the best organizational form for most businesses, a significant number of firms may be better off as a corporation or some other form of organization. How does the fact that most of the limited liability entities are new forms for doing business affect the reasons for choosing another form of organization in which to do business? Explain.

Reference no: EM131660690

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