Kongpop Kongpop
  • 03-12-2020
  • Business
contestada

What is the difference between limited liability and unlimited liability

Respuesta :

Аноним Аноним
  • 03-12-2020

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:

Answer Link

Otras preguntas

1) fought at Lexington and Concord 2)a formal meeting called for a special purpose 3) complaints against British rule 4) formed to solve the problem of trade
What is 258/300 written as a decimal and a percent???
The cost for n students to attend a workshop is 7n+12 dollars. What is the cost,in dollars for  students to attend?
rename the number4 thousand 7 hundreds = 47
Enzymes have many uses in home and industry.what type of organisms are used to produce these enzymes?Chose the correct answer from the following options:Mammals
2x+8=22 how do I figure out the answer to problem 2x+8=22 ?
How do i find the greatest common factor of 150, 275, and 420 ??
What is the most dense thing in the world
Solve the equation for y.4x – 5y = 9
How do I write an equation in slope intercept form from; Slope 3, y-intercept at -4