Limited liability means that: O Corporations are limited to the amount of debt they can borrow...
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Limited liability means that: O Corporations are limited to the amount of debt they can borrow under government regulation. O Shareholders are only at risk for their paid in capital in the event a corporation fails. O Corporations are limited to retained earnings when paying dividends. O Shareholders are limited to tax only on dividends received. Limited liability means that: O Corporations are limited to the amount of debt they can borrow under government regulation. O Shareholders are only at risk for their paid in capital in the event a corporation fails. O Corporations are limited to retained earnings when paying dividends. O Shareholders are limited to tax only on dividends received.
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