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Limited Liability Definition: How It Works in Corporations ...
2022年7月14日 · Limited liability is a legal structure of organizations that limits the extent of an economic loss to assets invested in the organization and that keeps the personal assets of investors and...
Limited liability - Wikipedia
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.
What Is an LLC? Limited Liability Company Definition - LegalZoom
2024年7月15日 · What is a limited liability company? A limited liability company is a business designation that limits the personal responsibility of its owners for their company's debts and liabilities while also allowing them to avoid the double taxation often associated with corporations.
What Is an LLC? Limited Liability Company Structure and ...
2024年7月29日 · A limited liability company (LLC) is a business structure in the U.S. that protects the assets of its owners from lawsuits and creditors concerned with the company's business debts.
limited liability | Wex Legal Dictionary / Encyclopedia | LII ...
Limited liability is available for corporations and partnerships. Limited liability is a statutorily created right, with state business laws setting the requirements that an entity must meet to qualify for limited liability.
What Is An LLC? Definition, Pros & Cons – Forbes Advisor
2024年6月5日 · LLCs offer legal protection of personal assets and pass-through taxation through a separate entity that isn’t limited to a specific number of shareholders or heavy regulation. Related: Best LLC...
What Is Limited Liability? - The Balance
2022年7月29日 · Limited liability is a protection provided by certain business structures that separates an owner’s assets from their business’s assets. This prevents the owner from being personally liable for business debts.