Ask Question
25 December, 01:23

What is liability and what does it mean to have personal liability for a company

+5
Answers (1)
  1. 25 December, 01:44
    0
    Liability is the state of being responsible for something, especially by law and being personal liable means that a plaintiff who wins a court judgment against your business can satisfy it out of your personal assets l, like your bank account, home, or automobile simply because of your status as an owner of the business
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is liability and what does it mean to have personal liability for a company ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers