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Limited Liability Companies

Author: Client Uploads
January 4th, 2023

Limited Liability Companies
June 20, 2016 by
Limited Liability Companies
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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