For liability purposes, a limited liability corporation functions like a _____ and protects the assets of owners against claims made against the company.

Name: For liability purposes, a limited liability corporation functions like a _____ and protects the assets of owners against claims made against the company.
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Question

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A limited liability corporation functions like a corporation and provides protection of personal assets of owners against claims made against the company.

For Liability Purposes, a Limited Liability Corporation Functions Like a _____