asked 123k views
0 votes
Corporations had the important advantage of what

1 Answer

5 votes
Corporations had the important advantage of allowing the shareholders and members of the firm to not be personally liable for the failure of the corporation. An investor could only lose as much as he put into the company, nothing more.
answered
User Joril
by
8.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.