CSEC Principles Of Business Practice Questions - CSEC Principles Of Business (POB) Exam

The main advantage of limited liability to the owners of a company is that:

They pay no taxes on profits Their personal assets are protected if the business fails They can avoid keeping accounts They have unlimited borrowing power

Correct Answer:

Their personal assets are protected if the business fails

Access more questions from this quiz

Continue to CSEC Principles of Business Practice Questions - CSEC Principles of Business (POB) Exam for more practice questions and the full quiz experience.

Access More Questions