The liability of the members of a limited liability company is limited to the amount of their investments.

Name: The liability of the members of a limited liability company is limited to the amount of their investments.
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Quizplus · Accepted Answer

This is the fundamental characteristic of a limited liability company, as the name suggests. The personal assets of the members are not at risk in case of debts or legal issues of the company, as their liability is limited to the amount of money they have invested in the business.

The Liability of the Members of a Limited Liability Company