Does McDonald's have limited or unlimited liability?

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2026-03-16 18:10

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McDonald's, as a corporation, has limited liability. This means that the owners or shareholders of the company are not personally responsible for the debts and obligations of the business. In the case of financial losses or legal issues, the personal assets of the owners are protected. This is a key advantage of the corporate structure and is one of the reasons why many businesses choose to incorporate.

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