C . Are the shareholders at risk for any personal liability with the company set up as a corporation ? Defend your response .
D . If your company was set up as a partnership , would the partners be at risk for personal liability ? Defend your response .
Guidelines for Submission : Your paper must be submitted as a 2- to 3-page Microsoft Word document with double spacing , 12-point Times New Roman font , and one-inch margins . You should use at least one outside source other than the textbook . Sources should be cited according to APA style .