A corporation always protects the owners from personal liability.

Name: A corporation always protects the owners from personal liability.
Brand: Quizplus
Rating: 4.9 (52 reviews)

Question

Quizplus · Accepted Answer

While corporations can offer limited liability protection, meaning owners are typically not personally responsible for business debts and liabilities, there are exceptions. For instance, personal guarantees, fraud, and certain legal violations can expose owners to personal liability.

A Corporation Always Protects the Owners from Personal Liability