 Did the Window factory workers strike become a pane to the workers? |
| The strike at the Republic Windows & Doors factory on Goose Island in Chicago seemed to be an open and shut case till they put a lock on it.... |
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 Which company owns Abercrombie & Fitch? |
| I have a question..which company owns Abercrombie & Fitch? Does anybody know anyone that works for Abercrombie & Fitch,that could tell you to tell me lol what company runs Abercrombie or A... |
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 Is an "orderly bankruptcy" something like a "genteel dismemberment?"? |
Additional Details
The bottom line is that any form of bankruptcy lets the CEOs get off scott free while forcing the workers to forgo any representation, and to accept whatever the ... |
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 What does S.W.A.T. stand for? |
| I would also like to know what the website for the F.B.I. is if you can tell me please do if you ... |
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 Tescos club card points? |
| i have been told that my tescos club card points have a higher value if i spend them out of store, does any one know where they can be spent and how much they increase by?... |
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 Can someone please tell me the 800 number to reach eBay customer service? I am so frustrated with them!? |
| I am having a problem with half.com paying me and every email I have sent them, returns an answer that doesn't help at the least! There has to be a way to speak with someone at their main ... |
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 National Frauds? |
So I got a letter from GLOBAL FINANCE INC. for a "unclamed" prize off 42,000 dollars. is this just a scam??
Additional Details
The letter reads:
SUBJECT: award claim final ... |
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 What to do at work??? (bored)? |
Ok I tried it in the other section and no one answered so...
So... I'm 20, just got a job as a database analyst, 9-5 of course but I don't really have anything to do in this job..... |
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 Any Company wants an Agent or Wholesaler? |
i am from Ghana and a business man.
Any company wants me to be agaent and sell their goods?
fofiifi2@yahoo.... |
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 Has Bill Gates bought this place out yet? |
Why are they selling anyway?
Additional Details
Microsoft put a bid on YAHOO....DUH....what's in your peace pipe?... |
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 How can I find out what businesses the FEDEX and UPS trucks stop at every day in my city? |
| I am doing a research paper here at UNLV and it is on the logistics and shipping business of the major overnight and 2nd day carriers in Las Vegas. I am trying to find a couple routes that the UPS ... |
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a_rose_by_another_na... | Can someone tell me what a??? |
Limited Liability Corporation is? |
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origamimark
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Look here ----> http://www.legalzoom.com/LLC/Limited-Liability-Corporation.html |
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sunntonya
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just what the term means. the investors in the corporation has a liability that is limited only to their investments. that is if you do not sign any other documents such as the joint suretyship agreement on a personal capacity that banks normally ask stockholders to sign when the corporation takes out a loan. |
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tj
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That means the share holders are liable to the shares that they have only purchased.They needn't to sell their private property in the settlement of the debts of the company.Their liability is limited. |
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...m-k...
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A limited liability company (denoted by L.L.C. or LLC in the US) is a legal form of business company offering limited liability to its owners. In that respect, it is similar to a corporation, and is often a more flexible form of ownership, especially suitable for smaller companies with a limited number of owners. Unlike a regular corporation, however, a limited liability company is typically treated as a partnership for tax purposes, thereby avoiding double taxation. It is often incorrectly called a "limited liability corporation" (instead of company). |
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amith_bs
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may be that the liability of the promoters is limited only til the amount invested by them in the form of capital..in case of winding up of business they will only loose the amount of capital invested by them. |
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LadyDragon
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A limited liability company, like a corporation, is a legal entity existing separately from its owners. A limited liability company is created when proper articles of organization (or the equivalent under the laws of a particular state) are filed with the proper state authority, and all fees are paid. State laws typically impose additional pre or post-creation requirements as well.
A limited liability company is not a partnership or a corporation, but it combines the corporate advantages of limited liability with (normally) the partnership advantage of pass-through taxation.
http://www.4inc.com/llcfaq.htm |
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Shadowtwinchaos
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There are basically 3 kinds of corparations. General Corporation, S Corporation and a Limited Liability Corporation. Each has it's advantages and disadvantages. An LLC can often protect small buisnesses from having their personal assests endangered if their corporation is sued or has financial difficulties. For more information on the kinds of Corporations - here is a good website:
http://www.morebusiness.com/getting_started/incorporating/d934832501.brc
Hope that helps a little. |
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Tom Cat
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Your question has been well covered by the various answers. I would just like to add this perspective. It is an entity in its own rights - like an "individual". Like an individual, various holders with a stake in it will view this differently. Suppliers will view it differently, creditors and bankers , likewise. Governments and the Tax office treats it differently from clubs and societies for example. If it is undercapitalised, finaciers are aware and will fund further growth only with personal director's guarantees where the clause "jointly and severally" is often employed i.e each and every of the directors are liable. Usually they go after the wealthiest of the lot. Know what you are in for! Limited liability often can mean limited growth unless you are exceptionally creative. Banks often lend to those who do not need the money! |
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