Answered

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The risks attached to starting and operating a business are:

A. insurable
B. substantial
C. trivial

Sagot :

Final answer:

Starting a business involves substantial risks, especially in terms of personal liability and asset protection.


Explanation:

Risks associated with starting and operating a business can be substantial and non-trivial. When individuals establish a business as a sole proprietorship or partnership, they are personally liable for business debts and damages, risking their personal assets. However, forming a corporation provides a legal shield from personal liability, as shareholders' personal assets are not at risk.


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