Ads
related to: limited liability in simple wordsrocketlawyer.com has been visited by 100K+ users in the past month
A+ Rating - Better Business Bureau
- Save With Rocket Legal+
One Membership For Everything Legal
The Membership That Pays For Itself
- Business Formations
Protect Your Assets.
Make Your New Venture Official.
- Save With Rocket Legal+
Search results
Results from the WOW.Com Content Network
Corporate law. Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company or joint venture. If a company that provides limited liability to its investors is sued, then the claimants are generally entitled to collect only ...
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC ...
A limited liability partnership ( LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit aspects of both partnerships and corporations. In an LLP, each partner is not responsible or liable for another partner's misconduct or negligence.
v. t. e. A limited liability company ( LLC) is the United States -specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [1] An LLC is not a corporation under the laws of every state; it is a legal form ...
Legal liability. In law, liable means "responsible or answerable in law; legally obligated". [1] Legal liability concerns both civil law and criminal law and can arise from various areas of law, such as contracts, torts, taxes, or fines given by government agencies. The claimant is the one who seeks to establish, or prove, liability.
Trade. Business and economics portal. v. t. e. A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). [1] Shareholders are able to transfer their shares to others ...
Ads
related to: limited liability in simple wordsrocketlawyer.com has been visited by 100K+ users in the past month
A+ Rating - Better Business Bureau