Answered

Westonci.ca is the Q&A platform that connects you with experts who provide accurate and detailed answers. Get quick and reliable answers to your questions from a dedicated community of professionals on our platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

apexlearning.com/public/activity/2004002/assessment
2.4.2 Test (CST): Microeconomics
Question 4 of 20
What benefit does a limited liability company have that a corporation does
not?
A. A limited liability company has an unlimited life span.
B. A limited liability company has access to more resources.
C. A limited liability company is easier to start.
D. A limited liability company offers its owners more protections.
<SUBMIT
Q A
X

Sagot :

GinnyAnswer

Final answer:

A limited liability company offers owners protection by limiting their liability to their investment in the company.


Explanation:

A limited liability company provides owners with protections by limiting their liability to their investment in the company, safeguarding personal assets.

Unlike a corporation, a limited liability company offers this key benefit, ensuring owners are not at risk of losing personal belongings if the business fails.

This characteristic underscores the importance of limited liability as a defining feature of this business structure.


Learn more about Limited Liability Company here:

https://brainly.com/question/36399287


We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.