One key value of limited liability is that it lowers owners' risks and thereby enhances a firm's value.

Name: One key value of limited liability is that it lowers owners' risks and thereby enhances a firm's value.
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Quizplus · Accepted Answer

Limited liability means that owners' personal assets are protected from the business's debts and liabilities. As a result, owners have less risk when investing in a business, and this decreases the cost of capital. This lower risk and reduced cost of capital can enhance a firm's value.

One Key Value of Limited Liability Is That It Lowers