Must it not be the case that the one with a potentially, Ask an Expert

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What justification, if any, should exist for limiting liability of an owner of any business, whether corporate or not? Should it not be the case that the one with a potentially unlimited amount of profit or benefit to derive bear the unlimited amount of ultimate responsibility? Limiting ultimate responsibility in any type of business increases investment, but at what cost? Are businesses likely to be more prudent and honest or less so?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9307098

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