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Common partners in a partnership (other than a restricted legal responsibility partnership), plus anybody who personally owns and operates a business with out making a separate authorized entity, are personally responsible for the money owed and obligations of the business.
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The proliferation and growing complexity of the legal guidelines governing business have pressured rising specialization in corporate regulation. Sites that concentrate on the theoretical, sensible or operational elements of a business enterprise: accounting, finance, human assets, management, advertising and marketing, etc.