Question: 1.What is meant by limited liability? 2.Why do most professionals consider the Wilshire 5000 a better index of the performance of the broad stock market

1.What is meant by limited liability?

2.Why do most professionals consider the Wilshire 5000 a better index of the performance of the broad stock market than the Dow Jones Industrial Average?

3.What options position is associated with the right to buy an asset at a specified price?

Please answer them fully

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