Answer:
D) limited
Explanation:
Theses are options for the question;
A) personal
B) no
C) unlimited
D) limited
Businesses are been allowed to develop as corporations because stockholders in a corporation have limited liability for corporate debts.
Limited liability in finance is one of the important aspect of business between the owner of the business and shareholders, and can be described as legal situation whereby the shareholders as well as the owner of the business protects themselves so that any debts in the business will not be associated to them personally.
