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Which feature prevents a company from uilizing the private assets of its shareholders for the payment of its leabiities?​

Which feature prevents a company from uilizing the private assets of its shareholders for the payment of its leabiities?​
asked 113k views
5 votes
Which feature prevents a company from uilizing the private assets of its shareholders for the payment of its leabiities?​

asked
User Yograj Shinde
by
8.5k points

1 Answer

3 votes

Answer: Limited Liability

Explanation: Business owners' liability for debts is restricted to the amount they put into the business.

answered
User Felix Seele
by
8.4k points
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