Examlex
Which of the following is a disadvantage of using a plasma torch to detoxify hazardous waste?
Personally Liable
Being directly responsible for an obligation or debt, where one's personal assets can be used to satisfy the liability.
Unlimited Liability
A type of business ownership where the owners are personally responsible for all of the debts of the business, with no limit to this liability.
Limited Liability Company
A business structure in the United States that provides its owners with limited liability while allowing the benefits of pass-through taxation.
Guarantees Payment
Refers to the assurance provided by one party to another that payment will be made according to the agreed terms and conditions.
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