Question: Question 2 3 0 . 2 5 pts Which concept means that the owners ( shareholders ) of corporations, as well as directors and managers,
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pts
Which concept means that the owners shareholders of corporations, as well as directors and managers, are protected by laws stating that their losses in case of business failure cannot exceed the amount they paid for their shares of ownership?
limited liability
eneral partnership
Ilmited partnership
sole proprictarslip
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