YoonBloom288 YoonBloom288
  • 22-04-2022
  • Business
contestada

The owners of a(n) are not personally responsible for the debts of the business. (Enter only one word per blank.)

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ayfat23
ayfat23 ayfat23
  • 26-04-2022

limited liability company is one whereby owners are not personally responsible for the debts of the business.

What is limited liability company?

A limited liability company serves as a business structure which gives owners protection from personal responsibility for its debts or liabilities.

This type of structure is common in the U.S. and it help the sustainability of the business.

Learn more about limited liability company at;

https://brainly.com/question/25012970

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