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

Which of the following distinguished the Middle Colonies from New England and the Southern Colonies? A. peace treaties with Native Americans B. prohibition of
125/700 in simplest form
Which is greater 2.75 gallons or 12 liters
what do we call a part of the body with a special function?
How do u describe the structure of a cell
Rain, hail, sleet and snow are all examples of
Anne was observing a cell under a microscope which was undergoing binary fission. Which type of cell was Anne observing? 1 Eukaryotic animal cell 2 Eukaryotic p
which two countries fought over cyprus
An atom of element X has one more shell of electrons than an atom of beryllium, but it has one less valence electron than beryllium. Which element is element X?
Which component of skill-related fitness would most help a shot-putter increase the distance of his or her throw? -speed -balance -agility -power