Why does the Government allow limited liability?

This assignment is part of Module #2 (Forms of Organization). Please listen to the podcasts, watch the videos and read the session suggested materials before attempting to complete this assignment.

Please write a convincing argument with at least three reasons why you think the government allows a corporation or LLC to have limited liability. You will need to provide your three reasons along with supporting details. Please make sure that each reason is different from one another.

Assignment Requirements:

• Please make sure you use the terminology from the learning materials provided (readings, podcasts, etc.).
• Give your own opinions rather than what you think we would like to read.
• Provide supporting details from your own research and the learning materials.

Assignment Submission Instructions:

• Organize your ideas, prepare clear and concise statements and once ready, please limit your word count to between 300-900 words.
• Please perform additional research as necessary.
• You may use the online text window of Canvas, a Word document, or a PDF to submit the assignment.
• See rubric for grading criteria.