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BX2112 Law of Business Organisations Assignment Sample

Subject Code : BX2112
University : James Cook University My Assignment Services is not sponsored or endorsed by this college or university.
Subject Name: Law

Limited Liability in Businesses Limited liability has been institutionalized with economic and political interests in United Kingdom. This concept maintains that the debts incurred by a company are its own liabilities and the shareholders or the company’s directors do not bear a direct legal liabilities for the debts. With this law, the company attains a separate legal status where the shareholders and the directors are not held as legal…