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[DOCX File]Chapter 1
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Limited Liability Companies are companies in which shareholders/investors are protected as they will not lose their personal assets if the business goes bankrupt. They are not liable for the debts of the company beyond their level of investment.
limited liability advantages and disadvantages

[DOC File]LIMITED COMPANIES
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Advantages of a PLC’s. Limited Liability for the shareholders. access to large amounts of money, i.e. stock market. PLC ‘s have a high credit rating with banks, financial institutions. company existence continues if a director dies. company has huge means to grow. Disadvantage of PLC’s. expenses to form PLC’S are high stock exchange
benefits of limited liability

Limited Liability Company: Advantages & Disadvantages | SCORE
Advantages: Limited liability, liquidity, infinite lifeDisadvantages: Double taxation, separation of ownership and control 1-5. Explain the difference between an S corporation and a C corporation.
advantages of limited liability partnership

[DOCX File]LECTURE 4
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Advantages Disadvantages Owners have limited liability. More capital can be raised to finance expansion, as there is no limit on the number of shareholders. Control of the company cannot be lost to outsiders as shares can only be sold if all shareholders agree. The business will continue even if one of the owners dies or leaves.
disadvantage of limited liability

Advantages of limited liability