Limited liability means?

Question 1 Report

Limited liability means?

the debts of a company can only be paid from its own assets

the debts of a company are paid from business as well as private funds of the owners

government cannot tax the company

the debts of a company must be paid from private funds only

the company does not have to pay its debts

Business Organizations

Financial Institutions

View Answer

Download The App On Google Playstore

Everything you need to excel in JAMB, WAEC & NECO

Green Bridge CBT Mobile App

Personalized AI Learning Chat Assistant

Thousands of JAMB, WAEC & NECO Past Questions

Over 1200 Lesson Notes

Offline Support - Learn Anytime, Anywhere

Green Bridge Timetable

Literature Summaries & Potential Questions

Track Your Performance & Progress

In-depth Explanations for Comprehensive Learning