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Why was the development of limited liability significant for corporations? A. It allowed corporations to pay annual income taxes B. It enabled the separation of

Why was the development of limited liability significant for corporations?

A.

It allowed corporations to pay annual income taxes
B.

It enabled the separation of company ownership from the day-to-day management of the company
C.

It made it easier to transfer ownership
D.

It allowed companies to engage independent auditors to audit the company

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