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Liability Exposure Within Multiple Businesses

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Liability exposure within multiple businesses, There are personal risk of exposure to liability this is considerably high; the sole proprietor assumes unlimited personal liability for the breach of contract lawsuit and, under this business entity, puts all personal assets at risk for the sake of the organization itself. Liability had to deal with certain responsibilities of one party or a group of an organization that deal with financial compensation. A sole proprietorship is a business or business owned and operated by one individual ((Mancuso, 2014). There is limited partnership, this is being sued for breach of contract, there is personal risk of exposure to liability, it can be moderate to a general partnership, this can mean property, now, severe liability can mean individual property that is levied on once partnership property that has been exhausted . Liability is not always based intentional actions or even being negligence, sometimes liability can even be a way to brokers the peace between certain parties, rather than an injured party, using more serious action (Mancuso, 2014). There is always a personal risk of exposure to liability, this is considerably high; both the partnership property (organizational assets) and individual assets are at risk; however, only a portion of the lawsuit is satisfied by individual property – that is, what remains after partnership property has been accounted for. There can be personal risk also of exposure to liability, it is
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