with which form of business organization do all owners enjoy limited liability? course hero

by Prof. Chloe Leuschke Sr. Published 2 years ago Updated 1 year ago 4 min read

Which form of business ownership enjoys limited liability?

Limited Liability Company (LLC) – An LLC, like an S Corporation, can be a highly advantageous entity for a small business as it limits personal liability while retaining the tax advantages enjoyed by partnerships.

Which type of business organization has limited liability?

A limited liability company (LLC) is a corporate structure in the United States whereby the owners are not personally liable for the company's debts or liabilities. Limited liability companies are hybrid entities that combine the characteristics of a corporation with those of a partnership or sole proprietorship.

Which of the following forms of organizations has limited liability for all of its owners?

The corporation. A corporation is an organization that can be characterized by limited liability.

Who has limited liability?

Limited liability is a form of legal protection for shareholders and owners that prevents individuals from being held personally responsible for their company's debts or financial losses.

What is the most important form of short term business financing?

the most important form of short term business financing is: trade credit. a limited partnership is comprised of: both general and limited partners. working capital does not include: property, plant, and equipment. deposits placed in foreign banks that remain denominated in U.S. dollars are called: Eurodollars.

What is the lowest marginal tax rate for both individual and corporation?

The goal of a business should be: maximization of owners wealth. under current tax laws the lowest marginal tax rate for both individual and corporation is: 15%. for corporations the principal agent relationship usually refers to the relationship between: owners/managers.