The limited liability company provides all of the owners with:

Question

Quizplus · Accepted Answer

The limited liability company offers all of the owners limited liability, which means that their personal assets are not at risk if the company is sued or goes bankrupt. This is a significant advantage for investors who want to limit their risk exposure while still benefiting from potential profits. The other options (licensing authority, limited profits, limited reputation) are not accurate descriptions of what the LLC provides.

The Limited Liability Company Provides All of the Owners With