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.
This means that if the company incurs debts or is sued, the shareholders' personal assets are protected. They can only lose the amount they invested in the company, not their personal wealth. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful
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