Outline legal responsibilities and liabilities of manager

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Reference no: EM132634508

1. Outline the legal responsibilities and liabilities of managers and directors in the following business structures.

a) Sole trader

b) Company

Partnership

2. Briefly describe three methods you can use to receive updated information on laws and licensing requirements.

3. Describe the difference between policies and procedures and explain how together they help an organization manage its regulatory compliance.

Reference no: EM132634508

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