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Which TWO of the following statements are true? A. For organisations that have limited company status, ownership and control are legally separate. B. Limited company status means that a company is only allowed to trade up to a predetermined turnover level in any one year. C. Ordinary partnerships offer the same benefits as limited companies but are usually formed by professionals such as doctors and solicitors. D. The drawback of being a sole trader is that you have personal liability for the debts of your business. |