Fundamentals of Corporate Finance (4th Edition) (Berk, DeMarzo & Harford, The Corporate Finance Series)
Fundamentals of Corporate Finance (4th Edition) (Berk, DeMarzo & Harford, The Corporate Finance Series)
4th Edition
ISBN: 9780134475561
Author: Jonathan Berk, Peter DeMarzo, Jarrad Harford
Publisher: PEARSON
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Chapter 1, Problem 2P

What does the phrase limited liability mean in a corporate context?

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What does “ Shareholders Limited  Liability “  Mean  ?
Why does the shareholder liability limited?
How Limited liability is different to unlimited liability? Briefly explain with an example of businesses.
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