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Frank Would Like to Avoid Personal Financial Loss If His

question 126

Multiple Choice

Frank would like to avoid personal financial loss if his business idea does not work.Which form of ownership would you suggest?


Definitions:

Negligence Action

A legal suit filed by an individual claiming harm due to another party's failure to exercise an appropriate level of care.

Forfeiture Rule

The principle that a criminal should not be permitted to profit from a crime.

Criminal's Estate

The assets and properties owned by a criminal, which may be subject to legal action or forfeiture in the event of legal proceedings against the individual.

Negligence Action

A legal lawsuit filed when someone suffers harm due to another's failure to take reasonable care.

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