laceepreslar laceepreslar
  • 03-11-2020
  • Business
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Corporate limited liability mean corporate losses are limited to

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delaneybyrd delaneybyrd
  • 03-11-2020

Answer: the extent of the assets of the corporation. Limited liability means that corporate owners (stockholders) and limited partners are responsible for losses only up to the amount they invest. Their other personal property is not at risk.

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