If you've found the video useful, remember to smash the like button on the video to show your support. Here's a link to a free supporting activity worksheet on 'limited and unlimited liability': ​www.twoteachers.co.uk/limitedandunlimitedliability - any questions just ask below.

This is an excellent resource, very well explained, thanks!

@TwoTeachers

2 жыл бұрын

Thank you, it's great to hear that you think so!

thank you so much guys, good video to help me out

@TwoTeachers

10 ай бұрын

Great to hear, thanks 👍

So well explained thanks a lot sir !

@TwoTeachers

5 ай бұрын

Thank you, really happy we could help 👍

Amazing video bro, W

@TwoTeachers

10 ай бұрын

Thanks brother 👍

Thank you for the clear explanation

@TwoTeachers

4 ай бұрын

You are welcome! 😁

thank you sir. God bless :)

@TwoTeachers

5 ай бұрын

Glad it was useful and God bless you too 😁

Thanks that was very helpful,can you also do a video on the sturcture to answer questions

@TwoTeachers

2 жыл бұрын

Glad it helped. We will add your request to our list 👍

helped me sm, w video

@TwoTeachers

11 ай бұрын

Thank you, appreciate you letting us know 👍

Could you do a video on edexcel paper 3 pre-release?

@TwoTeachers

2 жыл бұрын

Thanks for the suggestion. We are currently working on a few other projects so won’t be able to get this done in time unfortunately. Sorry 😞

Great video, but in a limited liability, what happens to the amount of debt accrued, i.e. the £50,000? does it get cleared?

@TwoTeachers

7 ай бұрын

Thank you! If a business accrues debts, such as a loan or other financial obligations, the responsibility for repaying those debts typically falls on the business itself rather than the individual owners. So, in the context of your example with £50,000 in debt, if the business is a limited liability entity, the owners would generally not be personally responsible for repaying the debt beyond the amount they have invested in the business. The debt would be considered a liability of the business entity, and the business assets would be used to satisfy the debt to the extent possible. If the business cannot fully repay the debt, creditors typically cannot pursue the personal assets of the owners to cover the remaining amount. It is best to check with a financial advisor for any specific implications as this is a general overview of what happens and as I do not know the specific circumstances it would be best to get financial advice from a professional.

Omo this accent no be here😅

@TwoTeachers

8 ай бұрын

Ok Jesus

im trying to learn but the way he says liability pisses me off

@TwoTeachers

Жыл бұрын

It's a shame that you let accents impact your mood so much, not sure what to suggest it's the way we speak haha.

@siobhanmurphy9605

5 ай бұрын

Wow I didn't realise only people with certain accents could speak online 😂😂😅 get a life and there is a big world out there with lots of different people from all over the world