Concept of limited liability
Briefly explain the concept of limited liability.
Expert
Limited liability states that on the liquidation, the liability of members of the Limited Liability Company or the limited partnership for debts acquired by the entity is limited to capital they encompass invested (comprising any amount owing). The liability of members can be limited through the shares or limited through the guarantee.
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Tunneling: Tunneling is a method given to transfer data securely among two networks. The data is divided into smaller packets and passed via the tunnel. The data passing via the tunnel has 3 layers of encryption. The data is encapsulated. Tunneling ca
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