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BusinessBased solely on the information presented in this question, Ms. Hughes would clearly be liable for the unpaid debt. The reason for this is the fact that Ms. Hughes owned Sweetie’s Cupcakes as a...
BusinessSole proprietorships are a very common form of small business. They have many advantages and disadvantages. A major advantage of a sole proprietorship is that it is very flexible. It allows the...
BusinessWhat would your personal liability exposure be as a result of a lawsuit for breach of contract if...The liability as the result of a lawsuit with an adverse decision against a sole proprietor and a general partnership is essentially the same though different in some particular detail. As a sole...