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15 January, 08:32

Corporate limited liability means corporate losses are limited to

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Answers (2)
  1. 15 January, 08:36
    0
    The company

    Explanation:

    In corporate limited liabilities company (LLC), members are protected against liabilities. This means that members are not held liable to the losses or debts incurred by the company. Also their personal assets aren't at risk of being collected by whom the companies owes debt to. The burden of liability in this situation rest on the company or corporation.
  2. 15 January, 08:40
    0
    the extent of assets of the coporation
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