What does it mean when someone has limited liability?

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asked Aug 27, 2023 215k views

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Krutika Sonawala · Answer 1 · 2023-09-02T16:17:29+0000

Answer:

Limited liability is a form of legal protection for shareholders and owners that prevents individuals from being held personally responsible for their company's debts or financial losses

What does it mean when someone has limited liability?

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