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05-12-2014, 09:14 PM #1
Good point. Plus imagine doing an IPO and being asked to describe in great detail your default, collection, and recovery process. You're not afforded the same protections as a creditor because you're not a creditor. Instead you're in a legal grey area where nothing is certain, including as to whether or not you can even pursue the business owner in a default.
The bigger you want to be, the more you'll need to conform to a system that is easily understood by all.
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