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    Financial Accounting Study Set 28
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    Exam 1: Introduction to Financial Statements
  5. Question
    Why Would It Be Safer for a Wealthy Individual to Set
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Why Would It Be Safer for a Wealthy Individual to Set

Question 190

Question 190

Essay

Why would it be safer for a wealthy individual to set up his or her business as a corporation rather than as a proprietorship or partnership?

Correct Answer:

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With a proprietorship or partnership the...

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