Limited liability is important in encouraging business investment because
A) it reduces income taxes.
B) it lowers risks to those contributing funds to the venture.
C) any funds contributed to a limited liability company earn a high return.
D) it raises the liquidity of funds.
Correct Answer:
Verified
Q6: Which statement regarding American businesses is TRUE?
A)
Q7: Sole proprietors and partnerships share the characteristic
Q8: _ are more numerous, but _ sell
Q9: Which is an advantage of owning a
Q10: The characteristic of a corporation that MOST
Q12: How are corporations different from partnerships?
A) Corporations
Q13: Jim Delaney sold his pizza firm to
Q14: Eve runs a yoga studio. She is
Q15: Blast-Off owns a nuclear power plant in
Q16: The limited ability to raise capital is
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