Multiple Choice
Limited liability means that:
A) The liability of a company is restricted to the amount it owes its suppliers and lenders.
B) The liability of the shareholders is restricted to the amount of dividends they have received.
C) The liability of the company is restricted to the amount it owes its shareholders.
D) The liability of the shareholders is restricted to the amount they have invested in the company.
Correct Answer:

Verified
Correct Answer:
Verified
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