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Limited liability means that a shareholder is liable only to the extent of the amount of shares that he/she 1. owns 2. sells 3. exchanges

Limited liability means that a shareholder is liable only to the extent of the amount of shares that he/she 1. owns 2. sells 3. exchanges A shareholder can also 1. own 2. sell 3. exchange these shares in the stock market and make a profit or transfer them to another entity.

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