Kongpop Kongpop
  • 03-12-2020
  • Business
contestada

What is the difference between limited liability and unlimited liability

Respuesta :

Аноним Аноним
  • 03-12-2020

Answer:

Limited liability means the business owners' liability for debts is restricted to the amount they put into the business. With unlimited liability, the business owner is personally responsible for any loss the business makes.

Explanation:

Answer Link

Otras preguntas

which state of matter has the least amount of energy?
If 8 men can chop down 28 trees in one day, how many trees can 20 men chop down in one day?
Write a system of equations with a solution (4,–3)
The value square root of 53 of lies between which two consecutive integers?
which seismic wave moves through earth at the fastest speed?
which seismic wave moves through earth at the fastest speed?
Which of the kingdoms has the smallest number of known species
Which of the following organisms can perform alcoholic fermentation? (1) yeast, (2) humans, (3) bacteria. a. 1 and 2 b. 1 and 3 c. 1 only d. 1, 2, and 3
Which of the kingdoms has the smallest number of known species
“The genetic code is universal.” Explain this statement.