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Unformatted text preview: certificates of ownership. The investors felt that they needed some security that in case the company went bankrupt the creditors would be unable to seek reimbursements from them, so David and Albert decided to make it a limited liability company. When that was in effect the investors bought joint stock in the company which allowed David and Albert to buy more trucks, hire and train employees to have the knowledge to work on both furnaces and AC units. This was a smart business decision merging their companies together; it has allowed them a lager customer base and has made them a more profitable company....
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- Spring '08