The advantages of a _______________ include limited liability for any debt owed, flexibility in transferring business ownership, and ability to hire management independent of ownership.

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Answer:

Limited Liability cooperation

Explanation:

A limited liability cooperation is like a partnership and cooperation combined. The participants involved are only liable to control as regarded to the extent of their investment involved in the business.The manager is hired irrespective of the ownership of the business

The advantages of a Limited Liability Cooperation include limited liability for any debt owed.

Limited Liability cooperation

According to the limited liability cooperation is like a partnership and also cooperation combined.

The participants involved are only liable to control as regarded to the extent of their investment involved in the business.

The manager is hired irrespective of the ownership of the business.

Thus, the correct answer is Limited Liability cooperation.

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