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QUESTION 18 What do you understand by limited liability? No one is liable if the company makes a loss The company has the liability of

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QUESTION 18 What do you understand by limited liability? No one is liable if the company makes a loss The company has the liability of loan payments The maximum return a shareholder can get is equal to the amount of money he invested Managers are not liable for their actions The maximum you can loose is the amount of money you invested in the business

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