Owners of a limited liability company retain limited liability until which of the following is received in net profit?

Question

Quizplus · Accepted Answer

There is no limit of net profit beyond which owners of a limited liability company lose their limited liability. A defining feature of an LLC is that the owners have limited liability protection, which means their personal assets are protected from the debts and liabilities of the business. This protection remains intact regardless of the amount of net profit earned by the company.

Owners of a Limited Liability Company Retain Limited Liability Until