Like the shareholders of a corporation,the owners of a limited liability company enjoy limited liability.

Name: Like the shareholders of a corporation,the owners of a limited liability company enjoy limited liability.
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Limited liability companies (LLCs) offer their owners limited liability, which means the owners are only responsible for the company's debts up to the amount of their investment. This is similar to the limited liability that shareholders have in a corporation.

Like the Shareholders of a Corporation,the Owners of a Limited