Answered

At Westonci.ca, we connect you with experts who provide detailed answers to your most pressing questions. Start exploring now! Connect with a community of experts ready to help you find accurate solutions to your questions quickly and efficiently. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

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 time. Please come back anytime for the latest information and answers to your questions. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.