Question

why companies use the word limited ​

Answer 1

$\huge\mathbb{\underline{\underline{\star{\red{QUESTION:-}}}}}$

• Why companies use the word limited ?

$\huge\mathbb{\underline{\underline{\star{\red{ANSWER:-}}}}}$

╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍

• The term appears as a suffix that follows the company name, indicating that it is a private limited company. In a limited company, shareholders' liability is limited to the capital they originally invested. If such a company becomes insolvent, the shareholders' personal assets remain protected.

╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍╍

$\huge{\fcolorbox{black}{white}{\red{Hope iT HelpS uH DeAr..❤︎}}} \:$

Answer 2

Answer:

The term appears as a suffix that follows the company name, indicating that it is a private limited company. In a limited company, shareholders' liability is limited to the capital they originally invested. If such a company becomes insolvent, the shareholders' personal assets remain protected.

Be Brainly☃️