What does corporate ‘limited liability mean?

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asked Apr 27, 2022 22.9k views

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Raphaela · Answer 1 · 2022-05-01T17:24:01+0000

Answer:

is a form of legal protection for shareholders and owners that prevents people from being held personally responsible for their company's debts or financial losses. Keeps finances separate from the owners' personal finances.

What does corporate ‘limited liability mean?

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