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galina1969 [7]
2 years ago
14

One major advantage of limited liability is that it:________.

Business
1 answer:
Finger [1]2 years ago
3 0

Answer: c. shields the personal assets of owners from liability claims.

Explanation:

An advantage of limited liability is that it shields the personal assets of owners from liability claims.

For a limited liability company, it should be noted that the liabilities of the members in the company for the debts that are incurred are limited only to the investment of the members. Personal assets are not affected if the company first into debt.

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The answer and procedures of the exercise are attached in the following image.

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