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What is the law on exempt property in your state

Answer the following question and debate on the general question :

What is the law on exempt property in your state?

General Question: After falling into debt, former baseball commissioner, Bowie Kuhn, traded in his New Jersey home for a million dollar mansion in Florida. His goal was to take advantage of Florida's generous laws. Was this an ethical decision?

Reference:

Chapter: Starting a Business: LLCs and Other Options .

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Business Law and Ethics: What is the law on exempt property in your state

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