What is limited liability and what is unlimited liability

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Reference no: EM131414851

1. What does it mean for unlimited liability in partnerships to be joint and severable?

2. Can a spouse be an employee in a sole proprietorship? Explain your answer.

3. What is limited liability? What is unlimited liability?

4. Explain why security is needed to protect the organization from both internal and external threats.

5. What can companies do to better ensure ethical behavior?

Reference no: EM131414851

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