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

What are the two variations of the Pythagorean theorem to use? (short and long side)
12. Describe some of the characteristics associated with a person who is a psychopath / sociopath. 13. In the 1980's, at any given time, how many active serial
Which system is responsible for the sense of taste? qustatory O olfactory visual O auditory civity void(O)
2. The following are common sports injuries. Which of them is a tear ofligament fibers, muscles or tendons supporting a joint?A.ConcussionC. SprainB.ContusionD.
2. Which of the following best summarizes why the author dismisses the concept of guilt in behavior? A The author mentions guilt as a potential deterrent to act
Balance these equations! 1) AIBr; + K- KBr + AI
Select one reason a company's capital structure may include more equity than debt. a. Relying too heavily on debt can increase the interest rate that a company
Complete the table for the given rule. Rule: y = 6x-4 Please help
please help me.......
Why does Jerry’s mother allow him to go to the rocky beach alone?