The benefits associated with limiting shareholder liability is twofold. First, by protecting shareholders from liability for the acts of the corporation, individuals are willing to invest in the enterprise. Second, limited liability protects the personal assets of a shareholder from claims made against the corporation.
Are owned by local state or federal government
The term you are looking for is the "Articles of Confederation" adopted by the Second Continental Congress in 1777 and ratified by the states in 1781. The Articles of Confederation were the first governing document for the United States.<span />
Answer:
issued the Declaration of Independence
Explanation:
