Limited liability can best be defined as the legal provision that Group of answer choices

1 answer:

3 0

Limited liability can best be defined as the legal provision that "shields owners of a corporation from losing more than what they invested in a firm".

Option: C

Explanation:

Limited liability is basically where the monetary obligation of an individual is restricted to a fixed sum, most generally the amount of an investment of an individual in a business or partnership. If a limited liability corporation is sued then the plaintiffs sue the company, not its shareholders or investors.

Limited liability covers a proprietor so he or she can't lose more money than he or she has invested in a company. In other terms it refers to the amount of risk that an investor takes when investing in an organization.

You might be interested in

Jeff recently lost his job. Despite his efforts to find new employment, he has been unsuccessful. As such, his wife is now worki

zalisa [80]

Answer:

Jeff is in the stage, Exhaustion.

4 0

2 years ago

People use map legends to understand the __________ on maps

svetoff [14.1K]

Answer:

Colors and symbols.

Explanation:

Shows you what the things on the map represent in this case, colors and symbols.

3 0

2 years ago

Hawthorne discovered that:a. Studying workers has no impact on worker performanceb. Social factors have an important impact on p

nignag [31]

Answer:

i would pick a

Explanation:

3 0

2 years ago

A graduate student in a sociology department is taking a course on the sociology of the economy. In this class, she learns that,

MatroZZZ [7]

Answer:

C. The student moved from being an everyday actor to being a social analyst.

Explanation:

The student was able to compare her parent's income to the rest of the income of the country that qualifies as an upper class. This action right here made her conclude that her way of thinking was not accurate, and she could analyze the economic factor with real data to arrive to a different conclusion.

3 0

3 years ago

How does art have an impact on both Europe and the middle east

gtnhenbr [62]

Typically, though not entirely, Islamic art has focused on the depiction of patterns, whether purely geometric or floral, and Arabic calligraphy, rather than on figures, because it is feared by many Muslims that the depiction of the human form is idolatry and thereby a sin against God, forbidden in the Qur'an.

HOPE THIS HELPED!!!! XD

6 0

2 years ago