Question

Which organization forms give their owners limited​ liability? ​(Select all the choices that​ apply.) A. Corporations...

Which organization forms give their owners limited​ liability?

​(Select all the choices that​ apply.)

A.

Corporations and limited liability companies give owners limited liability.

B.

Limited partnerships provide limited liability for the general​ partners, but not for the limited partners.

C.

Limited partnerships provide limited liability for the limited​ partners, but not for the general partners.

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Answer #1

ANSWER

A) Corporations and limited liability companies give owners limited liability.

Owners' liability is always  limited to the amount they are contributing to the firm. Stockholders are not responsible for any issues relating to the firm generally, they cannot be required to pay back any debts incurred by the firm. Corporations and limited liability companies give owners limited liability. As per above told here the liability is limited according to the investment.

The limited liability partnership is a similar business structure but it has no general partners. All of the owners of limited partnership have limited personal liability for debts.

ThankYou....

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