Why is personal standard considered as difference factor in reconciling stakeholder's need? Discuss

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter15: Choice Of Business Entity—other Considerations
Section: Chapter Questions
Problem 10DQ
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Why is personal standard considered as difference factor in reconciling stakeholder's need? Discuss.  

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