Texas LLC Law – Breach of Fiduciary Duty
Over 70% of all businesses in the United States are sole proprietorships.Ā A sole proprietorship is an unincorporated business that is owned and operated by a single individual.Ā As a sole proprietor, you are entitled to 100% of the profits.Ā However, you are also 100% personally responsible for all debts, losses, and liabilities. Many people choose to protect themselves...
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