If the Business Involves Little Risk or the Owners Have

question 6

True/False

If the business involves little risk or the owners have few other assets,limited liability should be given little weight.

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Definitions:

Distal

In spatial terms, situated away from the center of the body or from the point of attachment; in causal terms, indirectly related or removed in space or time.

Proximal

Relating to or situated near the center of the body or the point of attachment.

Surface

The outermost or uppermost layer of something that is in contact with the air.

Insight-focused

A therapy approach emphasizing understanding the underlying causes of one's problems or behaviors.