asked 38.4k views
1 vote
What forms of organization will enable the owners of regal signsregal signs to limit their risk of loss to the amounts they have invested in the​ business?

1 Answer

4 votes
the answer to this question is Limited-liability partnership and limited-liability corporation.
In limited-liability corporation form, owner's personal wealth will not be accountable to pay the debt that acquired by Corporation. So when the corporation declared bankruptcy, the amount of remaining debt will be legally considered as gone
answered
User WorBlux
by
8.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.