?
In Corporation characteristics, losses are subject to funds invested actually is considered as
Answer & Solution
Correct Answer:
Option
A
In Corporation characteristics, losses are subject to funds invested actually is considered as limited liability. Limited liability is a type of legal structure for an organization where a corporate loss will not exceed the amount invested in a partnership or limited liability company. In other words, investors' and owners' private assets are not at risk if the company fails.
Join the Discussion
Login to post a comment or share your explanation.
Login