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Sagot :
Owned by stockholders is the limited liability that is limited to the amount they have invested in the business. The limited liability company (LLC) is a corporate design that safeguards its proprietors from being by and by sought after for reimbursement of the company's obligations or liabilities.
What is a Limited liability?
A limited liability company (LLC) is a business structure in the U.S. that safeguards its proprietors from moral obligation regarding its obligations or liabilities.
Limited liability organizations are cross breed substances that join the qualities of a company with those of an organization or sole ownership. While the limited liability include is like that of an organization, the accessibility of move through tax collection to the individuals from a LLC is an element of an organization instead of a LLC.
Therefore Limited liability organizations are allowed under state rules, and the guidelines overseeing them shift from one state to another.
Learn more about Limited Liability here:
brainly.com/question/14609616
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