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In a Limited-Liability Company (LLC),the Members Are Personally Liable for the Debts

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In a limited-liability company (LLC),the members are personally liable for the debts of the business.


Definitions:

Internal Labor Force

An organization's workers (its employees and the people who have contracts to work at the organization).

External Labor Market

The job market outside of a specific company, inclusive of potential employees who currently work for other employers or are unemployed.

Workforce

The collective group of individuals who are available for work, including both employed and unemployed persons.

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