What does it mean by “limited liability”

Posted By: MbaNotesWorld June 16, 2016

  • Limited liability means that investors’ liability is limited to their personal investments in the company.

  • It is one of the major advantages of corporations.

SHARE TWEET PIN SHARE

Be the first to comment on "What does it mean by “limited liability”"

Leave a comment

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.