According to the concept of limited liability the liability, Ask an Expert

Economics

According to the concept of limited liability, the liability of shareholders of a company is restricted to the face value of shares. They have no personal obligation for the liabilities of the company.

Consider the concept of limited liability and respond to the following:

How does the concept of limited liability impact business decisions?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91560079

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