Limited liability for a company applies to the:Question 6Select one:a.managers.b.board of directors collectively.c.individual directors.d.shareholders
Question
Solution 1
Limited liability for a company applies to the:
d. shareholders
Explanation: Limited liability refers to a type of liability where a company's shareholders, who are the owners of the company, are not personally liable for the company's debts or liabilities. This means that if the company goes bank Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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