Question: Select a Label to place on the image: Limited Liability and registered with ASIC There are no succession or continuity problems Is seen to be
Select a Label to place on the image:
- Limited Liability and registered with ASIC
- There are no succession or continuity problems
- Is seen to be a separate identity
- Two or more people are jointly responsible
- Needs a legal agreement outlining ownership
- Owner responsible for all debts and liabilities
- Individual business owner
- Protection of assests
- Maximising taxation benefits
- Legal division of income
- Succession and continuity of ownership

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