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1.which off the floor advantages of trading as a limited liability company ?
operating as a limited liability company,makes raising financial easier because addictional shares can be issued to raise additional cash.
operating as a limited liability company is more risky than operating as a sole trader because the shareholders of the business are liable for all the debts of the business whereas the sole trader is only liable for the debts up to the amount he has invested.
A.1 only
B.2 only
C.both 1 and 2
D.neiither 1 or 2
