Explain fully in your own words at least 100 word for each. cite your work please, "dont copy and paste from websites please please" I will check. If you do use a website, please provide the URL so I can cite and reference it . .
1. The liability of those who own a corporation is limited to their investment, while proprietors and general partners have unlimited liability for the obligations of their business. Explain what relevance this has for risk management.
2. Define the terms loss prevention and loss reduction. Provide examples of each.