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Why does limited liability offer protection to the owners of a business?
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Why does limited liability
offer protection to the
owners of a business?

User Rducom
by
7.7k points

1 Answer

4 votes
Limited liability offers protection to the owners of a business because this keeps their goods safe. This way their business it at a lower risk of failing, and them becoming bankrupt.
User Abhishek Kumawat
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