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Old 03-29-2007, 08:26 AM   #37
Log
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Join Date: Feb 2006
Location: Regina SK
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Quote:
Originally Posted by housejunk View Post
I guess it could be a misrepresentation, but I cannot forsee any actionable harm that would result in legal action. If I were a creditor, I would LOVE to find out that someone I dealt with did not actually have limitedl liability when they stated they did. Like I stated above, he's an idiot for advertising that he has limited liability when in fact he does not.
Agreed. I am a tax collector for the province of Saskatchewan.... It is way way way way easier to collect funds from a proprietor or partnership as opposed to a corporation.

Also in Saskatchewan you can't legally register a sole proprietorship or a partnership with INC, LTD, CORP or whatever at the end of the name.

If I operated a business, I would definately incorporate to reduce the personal liability.
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