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galina1969 [7]
3 years ago
14

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

Business
1 answer:
Finger [1]3 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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Answer:

B. auditor

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The work of an auditor and that of the forensic accountants are very similar. They both examine financial records and statements of an organization to confirm their accuracy. The auditor and forensic accountant are specialized officers. They have been trained to detect fraudulent reporting in financial statements. After evaluating the books of account, they form an opinion based on their findings.

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What constitutes relevant, valid and reliable data? ​
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For many years, Southwest Airlines distinguished itself as the low-cost airline. Now, many other low-cost competitors have enter
kobusy [5.1K]

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A single strategy is not enough to generate a sustainable competitive advantage over time.

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Markets tend to be extremely competitive except when there is a company that clearly differs from the rest. In those cases it is very difficult to face it and the only thing left to the rest of the companies is to compete based on price. The latter is the worst thing that can happen to an organization. The lack of differentiation makes the product a "commodity"; that is to say, in a generic, basic product, which does not differ from anything and whose only reason for purchase apart from the need for it, is the price. When this happens, the organization gradually bleeds until there is nothing left of it.

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