1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Shtirlitz [24]
3 years ago
12

What does the concept of limited liability posits?​

Business
1 answer:
Maksim231197 [3]3 years ago
3 0

Answer:

see below

Explanation:

The concept of limited liability is a confirmation that a corporation's assets are liabilities are distinct from those of shareholders. The concepts safeguard the shareholder's private properties should a business fail to meet its obligations.

Limited liability states that the liabilities of a shareholder is limited to the extent of his capital contribution. If the event of a dissolution, a shareholder's losses are capped to the share contribution. Their personal properties cannot be used to pay business debts should the business's assets be inadequate.

You might be interested in
Which one of the following statements related to the internal rate of return (IRR) is correct? Multiple Choice Financing type pr
aleksley [76]

Answer:

nd -4- 2 (1)/(2)

Explanation:

6 0
3 years ago
4 of 5) What is a good way to stay diversified?
vazorg [7]

Answer: C

Explanation: Re balance your portfolio every 3 months.

4 0
2 years ago
Why teach for america teachers perform better than other teachers
kari74 [83]

Answer: this does not even make any sense....

Explanation:

4 0
3 years ago
The restocking level increases as the service level falls. <br> a. True <br> b. False
Igoryamba
False is the correct answer
4 0
3 years ago
Viv entered into a contract with Rodin, an assassin, to kill her ex-husband. She pays him $50,000, but he does not perform the d
Klio2033 [76]
No he don't have to give it back
7 0
3 years ago
Read 2 more answers
Other questions:
  • When the turbine generators are turning from the steam, what do they produce?
    10·1 answer
  • How much education or training do you need for a airline pilot study.com?
    10·1 answer
  • Which of the following actions ha NO impact on your credit score
    10·2 answers
  • A manufacturing company is thinking about building a new factory. The factory, if built, will yield the company $300 million in
    14·1 answer
  • Effective product promotion requires that everyone who creates and manages promotional messages have free access to information
    15·1 answer
  • The importance of management is based upon what
    7·1 answer
  • Large firms with significant slack resources (i.e., are able to launch a greater number of competitive actions) but that remain
    5·1 answer
  • All of the following are ways to avoid injuries when working on computers except ________. so you are looking up at it ensuring
    5·1 answer
  • Which best deceived the nature of cause and effect in the context of the business cycle?
    9·1 answer
  • Matt knows that one of the goals of value-based marketing is to provide greater value to consumers than competitors offer. To ac
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!