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- e owners are not personally liable for th
- l document forming the corporation th
- ne whose shares are no
- n common, in other words all partners are i
- ership in which partners have different levels of li
- It is fast and easy to set up.
- parate and distinct legal entity from its own
- rtners have access to more financing than in a sole p
- ss with a single owner that does not operate as a se
- ess with two or more owners that does not operate as a sep
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