__________ is an individual's personal responsibility for the debts or obligations of a business, using the personal assets of the business owner, such as a home, bank accounts, or other property, to pay the business obligations
a. Corporate liability
b. Personal liability
c. Partnership liability
d. Shareholder liability
B
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?Developments in technology often outpace the law, resulting in cases for which there is no precedent. Such cases are referred to as
A. ?cases of first impression. B. ?public policy cases. C. ?stare decisis. D. ?departures from precedent. E. ?None of these choices is correct.
A trust that is created in a will is known as:
a. Lady Bird trust b. Testamentary trust c. A living will d. Fiduciary will
Databases organize information in records containing fields of information or data
a. True b. False Indicate whether the statement is true or false
The contemporary community property approach is based on the view that marriage is a(n) ________
Fill in the blank(s) with correct word