With respect to business types, what does the term 'limited liability' mean?
What will be an ideal response?
Limited liability is a legal provision that shields owners of a corporation from losing more than what they have invested in the firm. Owners of corporations face limited liability. Sole proprietorships and partnerships face unlimited liability.
Economics
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In the importing country, the most likely effects of tariffs and/or import quotas is to _______ prices and ________ consumption of the protected goods.
A) raise; reduce B) raise; raise C) raise; not affect D) reduce; reduce
Economics
A government policy that makes investments prior to retirement tax exempt until retirement increases the amount saved at any given interest rate
What will be an ideal response?
Economics