In a limited minus liability company, the ________. A. members are personally liable to pay the company's debts B. members are liable for each other's actions C. members pay income tax on their share of earnings D. business terminates at the death of a member

Limited liability is a kind of legal framework for an organization in which a commercial loss can not be increased by the amount of money invested in a joint venture or a limited firm. To put it another way, companies and employees ' corporate assets are not at risk if the company fails, and other choices were wrong that can be described as follows:

In option A, It is wrong, because members must not directly be responsible for paying the company's debts.
In option B, The members shall not be held accountable for each other's acts.
In option D, It can't terminate, because the member dies.

In a limited minus liability ​company, the​ ________. A. members are personally liable to pay the​ company's debts B. members are liable for each​ other's actions C. members pay income tax on their share of earnings D. business terminates at the death of a member

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In a limited minus liability company, the ________. A. members are personally liable to pay the company's debts B. members are liable for each other's actions C. members pay income tax on their share of earnings D. business terminates at the death of a member