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lora16 [44]
3 years ago
7

What is the difference between limited liability and unlimited liability

Business
1 answer:
SOVA2 [1]3 years ago
5 0

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:

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